Unique opportunity to live in style. Overlooking Lake Eildon pondage is this beautiful family home set amongst lovely established gardens. Complimented with tennis court and in-ground pool and purpose built BBQ area. The home comprises of 4 large bedrooms, home office, master with walk-in robe and ensuite. Hostess kitchen and family room with combustion wood heater and 4 split systems for year-round comfort. Through the French doors you'll find a second living area or sitting room great for entertaining. Framed with a long veranda perfect to sit and enjoy the wonderful views over the water and surrounding mountain vistas. There is a large lock-up shed and carport for your storage and vehicle needs. Also located on the property are 9 units comprising of 7 x 2 bedroom units, a large well-appointed one Bedroom studio and 1 X 3 bedroom Unit. All units are currently leased to long term tenants. A fantastic investment, returning over $100,000 per annum. The buildings and grounds are very low-maintenance. This delightful property is 1.7acres or 7090 sq m with the potential to be sub-divided and also has space to add an additional 3 Units (STCA) or sell off the vacant land. There are 2 separate driveways ensuring easy access and privacy for the homestead. Well located easy walking distance to local shopping village and under 2 hrs drive to Melbourne. Inspection Strictly By Appointment.