Description

The White House is comprised of four apartments, all on one title (no strata), each comprising of two bedrooms and each with ensuite bathrooms. Located on the high side of Cobbodah Street, which is a cul de sac and backs onto the council reserve, the complex enjoys a real sense of privacy whilst looking out upon the splendour that presents before you. The White House is just a short stroll to town and each unit has it's own large balcony commanding magnificent Lake, mountain and township views. There is a communal laundry and six off street car spaces. On the ground floor there is a double garage with storage space and a very handy storage area with toilet and washing facilities. The property is sold subject to tenancies and all units are currently tenanted with a fantastic annual gross revenue and the complex enjoys a Holiday DA allowing further returns and personal use if desired.
There is the potential for a strata subdivision (subject to council approval) allowing diversification down the track.