Located in a highly desirable area of St. Julian's, just a one-minute walk from the Balluta seafront, this beautiful, quaint townhouse presents an excellent investment opportunity highlighted by a spacious 67-square-meter private garden. As you enter the welcoming hall, the property is set up to maximize rental yield. The full basement has been converted into an open-plan studio directly overlooking the garden, while the ground floor offers a second, fully independent studio. The first floor contains a third studio alongside a separate room currently undergoing refurbishment which features a front balcony overlooking the street. Currently generating an attractive rental income, the property offers highly flexible opportunities both long or short lets. It is sold with full ownership of the roof and airspace, complete with an approved permit in hand to construct a fourth studio. Alternatively, for investors or buyers seeking a premium residential property, the current footprint can be seamlessly reconfigured into a charming three-bedroom family home, making this a versatile asset in one of St. Julian s most sought-after neighborhoods. Ref: P000256756 Size: 187sqm Bathrooms: 3