Nestled on a tranquil street within Ghajnsielem's Urban Conservation Area, this terraced house presents a prime redevelopment or renovation opportunity in Gozo. Spanning 240 sqm, the property features a street-level garage, a built-up first floor, and a substantial backyard. An additional 88 sqm two-storey unit at the rear offers potential for conversion into an independent living space, ideal for rental income or multi-generational arrangements. The existing structure can be modernized into a spacious residence, or the site redeveloped, subject to planning. A new project could comprise a basement garage, a maisonette, and a first-floor apartment, with scope for a third unit at the rear. Benefitting from UCA status, this property enjoys full tax exemption, enhancing its investment appeal.