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Preparation of a comprehensive outline plan
submission of the comprehensive outline plan
deposit of the comprehensive outline plan
Discussion of objections to the comprehensive outline plan
Approval of the plan and land rezoning

Herzliya North – TML3006

A prestigious and highly desirable location
The complex plan lacks clarity and progress
2.6/5
5800-6400
NIS per meter
Land not construction approved

Property Description - General

Type: Land
Designation: Commerce, Industrial, Residential
Country:Israel
City: Herzliya
Est # years to construction approvals: 5
Est # units / dunam: 7

Listing rating

מערב קריית אתא מתחם מערבי תשואה שנתית משוערת לשנה לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Estimated profit potential
2/5
The profit potential depends on the planning stage when complexes in an earlier planning stage receive an additional score and also the value of the land today is weighed against the estimated future value‎
מערב קריית אתא מתחם מערבי מיקום לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Location
3/5
The complex is located near the Ra'anana train station and the planned metro station near the Interdisciplinary Center located south of the complex. However, within the complex itself, public transportation means are not planned, and the complex will rely on transportation means located nearby.
מערב קריית אתא מתחם מערבי וודאות תכנונית לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Construction approval odds
3/5
On one hand, the complex is promoted by The National Committee for Planning and Building of Preferred Residential Complexes, which was supposed to expedite the plan. On the other hand, the plan has not been promoted for several years, and it is unclear when it will be advanced.
מערב קריית אתא מתחם מערבי דרוג לנדויזלי לנדוויזלי לנדוייזלי לנדווייזלי קרקע להשקעה
Final rating
2.6
2.6/5
Preparation of a comprehensive outline plan
submission of the comprehensive outline plan
deposit of the comprehensive outline plan
Discussion of objections to the comprehensive outline plan
Approval of the plan and land rezoning
The northern quarter in Herzliya (Taml 3006) is located within the jurisdiction of the authorities of Kfar Shmaryahu (to the west), Herzliya (to the south), and Ra’anana (to the northeast). The northern quarter includes two development complexes. The eastern complex is located west of Highway 20 and south of Highway 531. The eastern development complex does not include the existing neighborhoods of Gan Rishon Lezion and Nahal Adah, nor does it include most of the area of the airport located on its southern side. The western development complex is located west of Highway 20 and includes a strip of agricultural land adjacent to Kfar Shmaryahu to the east.

Description of the Property Complex:

What is the statutory status in Herzliya North- TML 3006?

The northern quarter complex of Herzliya, TML 3006, was declared on December 31, 2018, by the National Planning and Building Committee for Preferred Residential Complexes, as a preferred complex which was expected to expedite the planning processes in the complex.

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Property Complex Advantages:

A prestigious and highly desirable location

Property Complex Disadvantages:

Today, the plan for the complex is neither advanced nor clear as to when it will be advanced

Expected increase in value

Price trends

Recent transactions

Recent land transactions in Herzliya North

עסקאות קרקע אחרונות - רובע צפוני הרצליה

Additional land transactions in Israel:

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