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Australian businessman buys Tel Aviv residence for NIS 58m

by Vegas Valley News
May 15, 2026
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Australian businessman buys Tel Aviv residence for NIS 58m
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Israeli media star Yaakov Bardugo has bought the Tel Aviv duplex he owns collectively together with his associate for NIS 58 million. The duplex on the nook of Chen Boulevard and Netzach Yisrael Road has been purchased by an Australian businessperson who incessantly visits Israel, “Globes” has realized. The house was up on the market for a very long time, initially for between NIS 60 and 70 million.

The Chen Boulevard residence is taken into account distinctive. In-built 1950, designed by architect Yitzhak Rapaport, on a 730-square-meter lot and the home served as a three-story residence for automobile importers Elkon household. The house has a preservation order beneath the “White Metropolis” plan. –

Between 2012 and 2016, renovation work was carried out on the constructing and flooring had been added by Gidi Bar Orian architects. As a part of the work, a full flooring and two partial flooring had been added to the constructing, which collectively kind the duplex condominium that has now been bought.

Lately, the duplex served because the Canadian Embassy in Israel, however was later put up on the market and dealt with by a number of actual property brokerage corporations with out success, as a result of the asking value was thought of too excessive, regardless of the rarity of such a property.

Based on the land registry, the 384 sq. meter duplex has 137 sq. meters in balconies, an 86 sq. meter roof space, two parking areas and storage rooms.

“Globes” has realized that the deal was accomplished final month, at a value that displays NIS 116,000 per sq. meter – a stage that has been seen in different offers within the space.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on Might 14, 2026.

© Copyright of Globes Writer Itonut (1983) Ltd., 2026.


Tags: 58mAustralianAvivbusinessmanbuyshomeNISTel
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