108A George Street, Gunnedah, NSW 2380

$2,200,000

House
Type
8
Bedrooms
8
Bathrooms
4
Parkings
1,422 mΒ²
Area

Published on Wednesday, March 04, 2026 ( See property details for 108A George Street, Gunnedah, NSW 2380)

$2,200,000

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A rare opportunity to acquire a fully leased, modern multi-unit complex in central Gunnedah with strong income and future development potential.

🏑 Property Highlights

  • Fully leased complex of four modern apartments generating immediate income
  • Prime central location in well-established Gunnedah suburb
  • Modern brick construction with contemporary design and quality finishes
  • Each apartment features 2 bedrooms, 2 bathrooms, and private outdoor patios
  • Strong rental income of $550 per week per unit with quality tenants
  • Potential for strata-title registration for future subdivision or sale

✨ Key Features

  • Complex of 4 modern brick apartments
  • Each apartment offers 2 bedrooms, 2 bathrooms
  • Built-in wardrobes
  • Private patios for each apartment
  • Single lock-up garages with internal access
  • Split system air conditioning & ceiling fans
  • Open-plan living and dining areas
  • Quality tiled living areas & carpeted bedrooms
  • Low-maintenance landscaping
  • Low-maintenance grounds within a fully fenced complex
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108A George Street
Gunnedah, NSW 2380
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Vertical aerial view β€” 108A George Street
108A George Street — Vertical Aerial  •  Gunnedah, NSW 2380  •  Nearmap © 2026

Gunnedah is a vibrant regional centre known for its strong community, agricultural roots, and convenient amenities. The suburb offers excellent access to schools, shopping, and transport links, making it ideal for tenants and investors alike. Its peaceful, well-established environment provides a desirable lifestyle with long-term growth prospects. The area benefits from ongoing development and a supportive local economy, ensuring sustained demand for quality rental properties.

What is the current rental income and vacancy rate for the property?
Each apartment is currently tenanted at $550 per week, with all four units fully leased, indicating a strong and stable income stream.
Are there any upcoming strata or body corporate fees?
The property is built to current strata specifications, allowing for future strata-title registration; specific fees will depend on strata arrangements at the time of registration.
What are the zoning and development restrictions for this property?
The property is zoned for multi-unit residential use, with potential for future strata subdivision, subject to local council approval and compliance with planning regulations.
Is there any ongoing maintenance or repairs needed?
The property features modern construction with quality finishes, and low-maintenance grounds, reducing the need for ongoing repairs.
What are the local amenities and transport options nearby?
Gunnedah offers excellent access to schools, shopping centres, parks, and public transport, making it a convenient location for tenants.
Are there any existing or planned developments nearby that could impact the property's value or enjoyment? What are the total strata or body corporate fees, and what do they cover? Are there any easements, covenants, or zoning restrictions affecting the property? Has the property been inspected for structural issues or pest infestations? Are there any outstanding council or utility bills associated with the property? What are the terms of the current lease agreements, and when are they due for renewal? Is there any history of flooding or bushfire risk in this area? Are there any restrictions on future modifications or renovations to the units? What are the long-term plans for infrastructure or development in the neighbourhood? Are there any ongoing or upcoming maintenance costs for shared facilities or grounds?

108A George Street, Gunnedah, NSW 2380 - More Details

$2,200,000

Positioned in a quiet, well-established pocket of Gunnedah, 108A George Street presents an outstanding opportunity to secure a quality-built complex of four modern apartments on one title. This is a rare chance to purchase a fully leased, income-producing asset with all four properties currently tenanted and generating immediate returns.

Set on a generous parcel with excellent access and ample parking, each unit has been thoughtfully designed with functional floorplans, light-filled interiors and private outdoor areas. Whether you're expanding your portfolio or seeking a versatile multi-dwelling investment, this property delivers immediate comfort and long-term potential.

Inside, the kitchens are sleek and functional with modern cabinetry, breakfast bars and quality appliances, seamlessly flowing into spacious open-plan living areas. Large windows invite natural light, while neutral colour palettes provide a fresh, contemporary feel throughout. Bedrooms are generously sized, and each apartment benefits from two bathrooms, enhancing tenant appeal and practicality.

Property Features:
β€’ Complex of 4 modern brick apartments
β€’ Each apartment offers 2 bedrooms, 2 bathrooms
β€’ Well-appointed kitchens with stone benchtops & stainless steel appliances
β€’ Open-plan living and dining areas
β€’ Split system air conditioning & ceiling fans
β€’ Built-in wardrobes
β€’ Private patios for each apartment
β€’ Single lock-up garages with internal access
β€’ Quality tiled living areas & carpeted bedrooms
β€’ Low-maintenance landscaping
β€’ Total gross internal area approx. 358mΒ²
β€’ Excellent driveway access with ample on-site parking
β€’ Low-maintenance grounds within a fully fenced complex
β€’ Each apartment tenanted for $550 per week with quality tenancies
β€’ Built to current strata specifications, allowing for strata-title registration in the future

Opportunities to secure a fully tenanted multi-unit complex in such a central Gunnedah location are rarely offered. With strong returns already in place and quality construction throughout, 108A George Street is a standout investment. Contact Hennessy Real Estate on 02 6742 3001 to arrange your inspection today!
Type
House
Bedrooms
8
Bathrooms
8
Parkings
4
Area
1,422 mΒ²

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