A rare opportunity to secure one of Warrnambool's iconic properties "Otway House". Built in the 1850's, this sandstone residence is currently leased as professional offices. Situated on a corner site of approx 920m2, bordering Ellerslie Grove and Fairy Street it boasts a generous rear yard perfect for entertaining or extra parking. This property has huge potential to convert back to a prestige residence or simply hold as a well returning investment (current rent $48,651 + GST per annum). Returning a healthy 7%.