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About this property
Whether you're looking to grow your investment portfolio or secure a home with additional income potential, 11 Favell Street delivers flexibility, quality and strong long-term appeal. This modern dual-income property features two fully self-contained residences, each with its own private entrance, lock-up garage, covered alfresco and secure, low-maintenance yard. Live in one and rent the other, accommodate extended family, or lease both for a quality dual-income investment. The main residence offers three bedrooms, two bathrooms, including a master with ensuite, along with open-plan living, a modern kitchen with dishwasher, split system air conditioning, a covered alfresco and a private backyard. The second residence is equally well-appointed, featuring two bedrooms with built-in wardrobes, open-plan living, a modern kitchen with dishwasher, split system air conditioning, its own covered alfresco, private yard and lock-up garage. With an estimated rental return of $1,000$1,020 per week, delivering an approximate 6.3% gross yield, this property represents an outstanding investment opportunity while also offering the flexibility to suit owner-occupiers. Quality, versatility and strong investment appeal combine to make 11 Favell Street an opportunity not to be missed. For further information or to arrange your private inspection, contact the team at Hennessy Real Estate on (02) 6742 3001.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 646 m²
- Listed
- 3 days ago
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Neighbourhood
Living in Gunnedah
This 5-bedroom house in Gunnedah, NSW 2380 sits within reach of public transport, and nearby schools.
Schools near Gunnedah
- Carinya Christian School Gunnedahcombined · K-10 · CoEd
- G S Kidd Memorial Schoolcombined · U · CoEd
- Gunnedah Public Schoolprimary · K-6 · CoEd
- Gunnedah South Public Schoolprimary · K-6 · CoEd
- St Xavier's Primary Schoolprimary · K-6 · CoEd
- Gunnedah High Schoolsecondary · 7-12 · CoEd
What's nearby
- Links Rd after Lincoln St (bus) — 2.2 km away
Gunnedah at a glance
Full suburb profile- Population
- 10,359
- Median age
- 37
- Household income
- $1,564/wk
- Median rent
- $300/wk
- Median mortgage
- $1,517/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Gunnedah price trend
Median sold · House 5+ bed
Compound growth +10.0% / yr over 4 yrs
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1 price change recorded for this property
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