A magnificent opportunity to invest, a potential business opportunity or a unique holiday home. Comprising of historical 'King House' c.1885 and the four Wallace Warden units set over a sprawling 1,203m2 allotment. Stunning escarpment and rural vistas can be enjoyed from various vantage points around the property. Situated only 100 metres to Milton's trendy and boutique shopping strip. Heritage listed 'King House' has the potential to be a fabulous weekender, commercial opportunity or home, offering modern kitchen and bathrooms, original fireplace and stunning hardwood flooring, two living spaces, dining area and two bedrooms. In addition, the recently renovated 4x studio apartments are currently leased for a total of approximately $1,100 per week. Situated over two titles on a corner allotment with large green spaces which are drenched in northern sunshine. Also featuring a single carport, garden shed, storage room, shared laundry and male and female amenities. A great investment with the current tenants keen to stay on or an ideal property for someone with a creative business opportunity in mind.