Discover a unique opportunity in Hamrun with this expansive penthouse, currently awaiting conversion. Situated on the fourth floor of a meticulously maintained building, this property spans 137 sqm and comes with approved permits for a sophisticated transformation into a two-bedroom, three-bathroom residence. Its strategic location offers unparalleled convenience, being mere minutes from Mater Dei Hospital, Junior College, and the University of Malta. This makes it an outstanding prospect for investors seeking strong rental yields or individuals desiring a modern, urban dwelling. The projected completion for the conversion is July 2027. Offered freehold at an attractive price of €330,000, this property represents significant long-term value. Please note, the building is not served by a lift.