3-Room Apartment for Sale on Shalma Road, Tel Aviv

Newly and exclusively on the market, a rare and unique opportunity: a property that only comes onto the market once a year. In the bustling Neve Sha'anan neighborhood, just a short walk from Florentin and with direct access to the center of Tel Aviv, a 3-room apartment in a building designated for future urban renewal is offered for sale. Located on Derekh Shlomo Street, in Tel Aviv. This 3-room apartment is divided into 2 units, spanning approximately 70 sq.m, registered as a condominium. It has a high return, with a rental potential of 7,000 shekels. Located on the first floor without an elevator. A significant initial investment is required for this deal. The exposures are south and north. It's part of an upcoming urban renewal project. This property is situated in the hottest area for real estate investments, within walking distance of Florentin and along the tram line, offering quick access to the center of Tel Aviv and public transportation, making it a prime choice for investment. No financing is available; it's not possible to get a mortgage, and the deal is cash only.