Property Development
At Radius we keep your investment dynamic and developing - from scouting for a property to bringing it to life - Here are some of our recent projects we are most proud of.
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Neve Tzedek
- Address
- 4 Molcho St, Tel Aviv
- Built Area
- 250M
- Acquired
- 2015
- Acquisition Costs
- 2.12 M
- Renovation Costs
- 663,000
- Net Rental Income (pa)
- 185,000
- Current Value
- 4.77 M
This unique building in the pastoral streets of Neve Tzedek Neighborhood was bought at a state of disaster – the building was ruined. A one year top quality renovation brought it to be a beautiful apartment hotel with 4 units.
-
Pinsker Tel Aviv
- Address
- 32 Pinsker St, Tel Aviv
- Built Area
- 1350M
- Acquired
- 2012
- Acquisition Costs
- 4.5 M
- Renovation Costs
- 4.25 M
- Net Rental Income (pa)
- 558,000
- Current Value
- 21 M
In a central location of retail streets and a spit away from the beach, our Pinsker project originally had 6 units and permits for 2 new floors. Today the unmodernized building contains 12 beautifully designed units.
-
The Shell House
- Address
- 28 Havshush St, Tel Aviv
- Built Area
- 230M
- Acquired
- 2018
- Acquisition Costs
- 7.5 M
- Renovation Costs
- 3.5 M
- Net Rental Income (pa)
- 200,000
- Current Value
- 16 M
A historic building in the heart of a vibrant young neighborhood that captures the true spirit of locality. The renovation and preservation was done to perfection now offering 5 high end units with comfort utilities.