Block of Units for sale
67 Stafford Road,
12 6 6
OFFERS FROM $1,400,000
SUPERB INVESTMENT; WHOLE UNIT BLOCK!With the phrase ï¿½stable investmentï¿½ being thrown around more and more, come and check out a property that truly embodies the phrase. A 1970s build, this 6 unit block has a gross rental return of $86,320.
Cavity brick, and up for sale for the first time since 1972/73, this property has been carefully maintained by one family for nearly 50 years. One tenant has been there since the property was built in the early 1970s!! Spread over a near-level 1042sqm block with a 20m frontage, the foundations are here for an unbelievable investment and land bank opportunity.
* Gross rental return over $86,000 per year.
* Near-level 1042sqm block with 20m frontage.
* Six x two bed, one bath, single garage units in one line.
* Two ground floor units.
* Solid cavity brick construction: low maintenance early 1970s build.
* Immaculate with maximum potential to value add.
* First time sale: only one owner.
* Approx. 7km to CBD; easy access to tunnels, public transport, and amenities.
Call Dean and Simon now for a full incomings/outgoings breakdown. This one is a must-see and the owners must sell!!
Last updated: 03:26PM on Apr 25th 2019