Plot size: 966 sqm plot, private land, the main house is for preservation, there is an additional small house at the back of the plot, 2 separate entrances from Rakevet St.15 and Yair 7, at the edge of German Colony and Baka, prime location! There are a lot of possibilities with this property: 1. Build 2 private villas with large swimming pool, one can be a guest house 2. Build an apartments building, which can have either 4 luxurious massive apartments of 300-400 sqm or build 8 apartments
Building rights: Today, it is allowed to build 1,000 sqm (but are fighting for 1,250 sqm depending on the municipality decision) They began 2 years ago the process of permits, they are after the preservation committee and are in the process, it could take another year to get final building permit.
Construction stages :
The building on Yair 7 – A two-pronged stone house from the beginning of the century, is one of the first houses in the area .
It seems that the water cistern at Yair 7 was also built between 1920 and 1936.
The main house is in two adjacent construction phases, according to technology of the covering which reflects various phases of construction.
Two closures were added later after 1948 with different finishing materials.
Deborah Touitou was the Vice President of one of Jerusalem’s leading real estate brokerage franchises…
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