Basel District Gem: Spacious 3-Room Renovation Opportunity Steps from Dizengoff

Here's the kind of deal that seasoned Tel Aviv investors recognize instantly — a canvas, not just a property. Tucked quietly between the iconic Dizengoff Street and the upscale Basel Square, this 85 sqm, 3-room apartment sits on the first floor of an established building and comes loaded with untapped potential.

The apartment faces outward, drawing in natural light throughout the day while maintaining a surprisingly peaceful atmosphere given its prime central location. A practical shelter room adds flexibility — ideal for a home office or storage conversion — and air conditioning is already in place.

At 4,350,000 NIS (roughly 51,175 NIS/sqm), you're buying into one of Tel Aviv's most coveted residential pockets, where post-renovation units command premium rents from young professionals, expats, and long-term tenants alike. With an estimated rental yield of 3.2%, the numbers make sense — and that's before factoring in the value uplift a smart renovation delivers in this neighborhood.

Basel Square's café culture, boutique shopping, and tree-lined streets are steps away. Ben Gurion Boulevard and the beach are within easy reach. This is quintessential North Tel Aviv living, priced for those willing to roll up their sleeves.

Ready to run the numbers or book a viewing? Explore more Tel Aviv investment opportunities at realestate-telaviv.com.