67 Stafford Road, Kedron

With the phrase "stable investment" 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.FEATURES:• 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!!