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1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image For Sale
1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Image 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380-Floorplan

1 & 2/ 14 Favell Street, Gunnedah, NSW 2380

$840, 000 - $860,000

House
Type
5
Bedrooms
3
Bathrooms
2
Parkings
670 m²
Area

Last updated on Tuesday, August 04, 2026 ( See property details for 1 & 2/ 14 Favell Street, Gunnedah, NSW 2380)

$840, 000 - $860,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A stylish dual key property offering modern living, strong rental income, and versatile options for investors or families.

🏡 Property Highlights

  • Dual key property with two self-contained dwellings for versatile living or income.
  • Strong rental income of $980 per week with long-term tenants in place.
  • Modern, contemporary design with open-plan living and split system air conditioning.
  • Private yards and alfresco areas for outdoor entertaining and low-maintenance lifestyle.
  • Prime investment opportunity with immediate cash flow and potential for future growth.
  • Separate garages for each unit providing secure parking and additional storage.

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Split System Air Conditioning
  • Garage
  • Outdoor Area
  • Secure Parking
  • Private Yard
  • Modern Kitchen
  • Low-Maintenance Yard
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1 & 2/ 14 Favell Street
Gunnedah, NSW 2380
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Vertical aerial view — 1 & 2/ 14 Favell Street
1 & 2/ 14 Favell Street — Vertical Aerial  •  Gunnedah, NSW 2380  •  Nearmap © 2026

Gunnedah is a vibrant regional town known for its strong community spirit, excellent amenities, and scenic surroundings. It offers a relaxed lifestyle with access to quality schools, parks, and local services. The area is ideal for families and investors seeking long-term growth, with a friendly neighbourhood atmosphere and convenient transport links. Gunnedah’s thriving economy and picturesque environment make it a highly desirable place to live and invest.

What are the current lease terms and rental income for each unit?
Unit 1 is leased at $540 per week until January 2027, and Unit 2 is leased at $440 per week until October 2026, providing a combined rental income of $980 weekly.
Are there any recent renovations or upgrades to the property?
The property features modern kitchens and open-plan living areas, indicating recent updates, though specific renovation details can be confirmed during inspection.
What are the zoning and planning regulations for this dual key property?
The property is zoned for residential use in Gunnedah, suitable for dual occupancy, with no current planning restrictions affecting its use. Buyers should verify with local council for detailed zoning information.
Is the property suitable for multi-generational living or additional income streams?
Yes, the two self-contained units provide independent living spaces, ideal for multi-generational families or generating rental income.
What are the ongoing costs associated with the property, including council rates and maintenance?
Ongoing costs include council rates, insurance, and maintenance, which can be obtained from the vendor or local council for precise figures.
Are there any easements, covenants, or zoning restrictions that could affect future development or modifications? Has the property been inspected for structural issues, pests, or other defects? Are there any upcoming planning or development proposals in the area that could impact the property’s value or living environment? What are the total costs involved in purchasing, including stamp duty, legal fees, and any strata or body corporate fees if applicable? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions or additional costs associated with the current tenants or lease agreements? What are the terms of the current lease agreements, and are there any conditions that could change the rental income? Are there any planned upgrades or repairs needed for the property in the near future? Is the property compliant with all local building codes and safety standards? Are there any nearby construction or development projects that could cause noise or disruption?

1 & 2/ 14 Favell Street, Gunnedah, NSW 2380 - More Details

$840, 000 - $860,000

This stylish dual key property offers the perfect blend of modern design, income potential, and long-term value—an exceptional opportunity for both savvy investors and lifestyle-driven buyers.

Set on a neatly presented block, this well-planned property features two fully self-contained dwellings, each with its own private entrance, garage, alfresco area, and secure, low-maintenance yard. Whether you're looking to live in one and rent the other, provide independent space for extended family, or simply add a high-performing asset to your portfolio, this versatile property ticks all the boxes.

Unit 1 – Contemporary Comfort for Families or Tenants
• Offering three bedrooms and two bathrooms, the main home features:
• Built-in wardrobes in all bedrooms
• Ensuite to the master bedroom
• Open-plan living and dining zone with split system air conditioning
• Modern kitchen with dishwasher and ample storage
• Single lock-up garage
• Covered alfresco and private yard
• Currently tenanted at $540/week until January 2027

Unit 2 – Smart, Stylish & Independent
• Perfectly suited for additional income or multi-generational living, this two-bedroom residence includes:
• Built-in robes in both bedrooms
• Open-plan living with split system air conditioning
• Modern kitchen with great storage and dishwasher
• Single lock-up garage
• Private yard and outdoor entertaining area
• Currently tenanted at $440/week until October 2026

Together, these properties generate a combined rental income of $980/week, offering immediate returns with excellent tenants in place. Whether you're seeking security, versatility or cash flow, this property delivers. From thoughtful design to investment appeal—it's smart living in every sense.

For further information or to book your private inspection, contact the team at Hennessy Real Estate on (02) 6742 3001.
Type
House
Bedrooms
5
Bathrooms
3
Parkings
2
Area
670 m²
House Size
90 m²

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