For Sale: 2-Bedroom Apartment in Urban Renewal Project

Real Estate For Sale

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For Sale: 2-Bedroom Apartment in Urban Renewal Project
2,800,000 NIS 3 Rooms
Floor 1 76 m² Elevator, Laundry room, Exclusivity Agent Emuna Alon 054-463-2946 [email protected]
Hebron Road Jerusalem

Located at 111 Hebron Road (Bank Junction), this 2-bedroom apartment is part of a signed and progressing Pinui Binui (urban renewal) project — meaning the current building is planned to be demolished and replaced with a brand-new residential tower.

The apartment is rear-facing, full of natural light, and situated on the first floor of a building with an elevator and shared parking (first come, first served).

  • 61 sqm registered in the land registry
  • 68 sqm per municipal records (Arnona)
  • 76 sqm + 4 sqm enclosed balcony currently in use
  • 74 sqm + 4 sqm balcony officially permitted

South-east facing with great exposure and natural light. Ideally located directly on the light rail line for excellent connectivity.

The urban renewal project is already advancing — plans have been officially submitted, most residents have signed, and construction is expected to begin in mid-2027.

Excellent location near the First Station, Emek Refaim, German Colony, and public transport

Asking price: 2,800,000 NIS


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