For Sale in Netanya – North of the City, at the Entrance near the Einstein Interchange

Property Details:

• Fully leased building with exceptional upside potential!

• 4 residential units, all currently rented

• Monthly rental income: approx. ₪14,000

• The existing structure complies with current building regulations but does not utilize the full building rights available

• Prime location: at the city entrance, adjacent to the Einstein Interchange, with direct access to all major transportation routes

Accessibility & Infrastructure Development:

• The complementary development plan for the Einstein Interchange in northern Netanya has been approved by the District Planning and Building Committee. The plan includes the construction of a full interchange with a bridge over the Coastal Highway and a system of access ramps connecting the northern part of the city to the Coastal Highway in both directions – northbound and southbound.

• Transportation improvements in the area are expected to significantly reduce traffic congestion and strengthen both accessibility and real estate demand in the vicinity.

Building Rights on a 500 sqm Plot:

• Up to 2 floors above ground

• 30% per floor / 60% total buildable area

• Up to 4 residential units per net dunam

• Average unit size: approx. 100 sqm

• Betterment levy (Hetel Hashbacha) in accordance with the law

Potential:

• Demolition and reconstruction allow full realization of the building rights

• Possibility to increase the number of residential units subject to the applicable plan and municipal regulations