Title: Prime Apartment in Tel Aviv’s Reconstructed Area Goes Up for Rent
Date: [Date]
Source: [News Outlet Name]
Tel Aviv, Israel – A spacious 2.5-room apartment located on David Yelin Street near Al Madinah Square in Tel Aviv is now available for rent, according to Dror Mengel from Mengel Real Estate Brokerage. The 65-square meter apartment is situated on the 4th floor and features parking facilities. The rental price for this prime property is set at 7,800 shekels per month.
Although the apartment has not undergone renovation, it is in excellent condition. The building, constructed in 1970, boasts three air directions, a round-the-clock hot water system, new plumbing, and a recently renovated kitchen. The tenants, a young couple with a baby, can enjoy the convenience of air conditioning in all rooms and a splendid open view from the apartment.
The location of the apartment on David Yelin Street makes it highly desirable. The area, which lies between Madinah Square and Ibn Gvirol, has undergone significant urban redevelopment due to the installation of the light rail system. This sought-after neighborhood is experiencing a rapid construction boom, with numerous new apartments available for both sale and rental.
“With its central location and proximity to the city exits, this neighborhood appeals to both old and new residents,” mentioned Mengel. He further disclosed that the building has plans for the addition of balconies, which will provide an exceptional sun terrace to the apartment, scheduled for completion in 2024.
Mengel expressed his satisfaction with receiving multiple inquiries for the apartment, even after it was successfully rented to a couple who saw it just two weeks after its advertisement.
In other real estate news, several properties were recently sold in Yavne, Migdal Haemek, Tiberias, Beer Sheva, and Herzliya. These include apartments with varying sizes and features, as well as single-family homes. The prices ranged from hundreds of thousands to several million shekels.
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Please consult the original news source for more information on these real estate transactions.
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