St Paul's Bay - Penthouse - Prime Development Opportunity 3-Bedroom Penthouse with Full Airspace in St Paul’s Bay A highly attractive opportunity for developers and investors in St Paul’s Bay. This spacious 3-bedroom penthouse is offered for sale with full ownership of the airspace, presenting excellent potential for development. The property can also be easily divided into two separate apartments, subject to the necessary permits and approvals, offering developers and investors additional flexibility and the potential to maximise the property’s value. Situated within a development zone. Another significant advantage is that the existing elevator already extends to the rooftop, providing valuable infrastructure for any future development.