Located in the peaceful town of Willaura, only 25 minutes drive to Ararat and within close proximity to the spectacular Grampians National Park this property offers and abundance of opportunity. The house itself offers original period style features with high ceilings and 3 large bedrooms, inside you’ll also find a cosy lounge with wood heating and the kitchen has gas cooking with room for a dining table. The large central hallway is filled with in built storage and leads to a rear bathroom with shower, vanity and a separate toilet. The attached shop fronts Main Street and was previously used as a takeaway shop, it has a split system heating/cooling unit and a cool room which provides an option to start trading or convert into extra living space. Outside has a laundry room, separate bungalow with power, large approx 875 sqm block with rear lane access and a garage with concrete floor and power connected. Currently tenanted at $170 p/w which equates to an impressive 9.9% return on investment. Act now on this rare and affordable opportunity.