For Sale
10 photos
Penthouse Kerem Hatemanim, Tel Aviv
DUPLEX PENTHOUSE FOR SALE ON KING GEORGE STREET STEPS FROM SHOUK HACARMEL
9,900,000 ₪
$3,177,900 · €2,722,500
5
Rooms
135 sqm
Area
5
Floor
73,333 ₪
Price/sqm
About this property
Just steps away from Shouk HaCarmel, Shenkin Street, Rothschild Boulevard and five minutes walk to the beach, this unique duplex penthouse is located on a completely renovated street, within a new boutique building with preserved architecture, on the 5th floor with elevator.
Main Features
• 135 sqm living space
• 46 sqm terraces (6 sqm + 40 sqm)
• Storage room included
• Parking option available
First Level
• Large bright living room with open kitchen
• 3 bedrooms, including master suite with ensuite bathroom and 6 sqm terrace
• Second independent bathroom
• Built-in closets in each bedroom
• One bedroom is a mamad (safe room)
Upper Level
• Multipurpose space (ideal as second living room, office or reading corner)
• Powder room with WC
• Access to exceptional 40 sqm rooftop terrace, equipped with outdoor kitchen and integrated barbecue
• Jacuzzi permit approved
• Open views – ideal for entertaining or enjoying complete privacy
Building & Finishes
• High-end finishes and premium materials
• Modern boutique building with only a few apartments
Costs
• Price: 9,900,000 ?
• Management fees (vaad bayit): 900 ? / month
• Municipal taxes (arnona): 1,800 ? / every 2 months
The Future of King George Street
As part of King George Street's urban redevelopment, a large green boulevard is planned directly across from the building. The penthouse will thus benefit from open views over a landscaped avenue, with no future construction.
Additionally, Magen David Square (intersection of King George, Allenby, Shenkin and Nahalat Binyamin) will soon become a major public transport hub, served by two main lines: the purple tram line and the M2 metro line, just 100 meters from the property – reinforcing its accessibility and long-term value.
A unique opportunity!
Main Features
• 135 sqm living space
• 46 sqm terraces (6 sqm + 40 sqm)
• Storage room included
• Parking option available
First Level
• Large bright living room with open kitchen
• 3 bedrooms, including master suite with ensuite bathroom and 6 sqm terrace
• Second independent bathroom
• Built-in closets in each bedroom
• One bedroom is a mamad (safe room)
Upper Level
• Multipurpose space (ideal as second living room, office or reading corner)
• Powder room with WC
• Access to exceptional 40 sqm rooftop terrace, equipped with outdoor kitchen and integrated barbecue
• Jacuzzi permit approved
• Open views – ideal for entertaining or enjoying complete privacy
Building & Finishes
• High-end finishes and premium materials
• Modern boutique building with only a few apartments
Costs
• Price: 9,900,000 ?
• Management fees (vaad bayit): 900 ? / month
• Municipal taxes (arnona): 1,800 ? / every 2 months
The Future of King George Street
As part of King George Street's urban redevelopment, a large green boulevard is planned directly across from the building. The penthouse will thus benefit from open views over a landscaped avenue, with no future construction.
Additionally, Magen David Square (intersection of King George, Allenby, Shenkin and Nahalat Binyamin) will soon become a major public transport hub, served by two main lines: the purple tram line and the M2 metro line, just 100 meters from the property – reinforcing its accessibility and long-term value.
A unique opportunity!
Amenities
Open view
Terrace
Parking
Storage
Elevator
A/C
2 toilets
2 bathrooms
Safe room
Additional details
Balcony 6 sqm
Terrace 40 sqm
Bathrooms 2
Toilets 2
Location
Market Insight — Tel Aviv (city avg)
All neighborhoods55,000 ₪
Avg/sqm
+4.2%
12m trend
3.2%
Est. yield
Data from gov.il & market analysis.
Data sourced from official records and market analysis.