Locals have eyed off this property for years with the dream of securing such solid returns and a piece of land that just get more and more valuable as the years tick by. - A perfectly located 2,213sqm block only 300m to the shopping/services precinct of West Kempsey. - Flood-free positioning. - River views at the rear. - Level street access from the front. - 6x 2 bedroom DOUBLE BRICK units in great condition. - Separate water meters, separate power meters. - Low maintenance costs. - Solid rental history. - Returning approximately $75,000 per annum gross. - Approximately $20,000 annual costs (including property management fees). - Net return of approximately $55,000 at full price being approximately 6.1%. - Note: one of the units at the back, with river views, is larger and was originally designed for owners retirement home where one could collect rent from the 5 other units and still...