An exceptional development opportunity awaits in the heart of Hamrun. This substantial corner site, comprising four large interconnected houses, is situated within a designated Urban Conservation Area. Planning permits are already secured for two distinct projects: either a boutique hotel or a residential block featuring 25 individual rooms. The property offers immense potential for a discerning investor to undertake a transformative restoration, breathing new life into the existing structures while preserving their inherent architectural character. This prominent Hamrun location provides a unique canvas for a significant residential or hospitality venture.