Strategically located in a thriving area of Gunnedah, this modern duplex at 1 & 2 / 17 Elm Street offers an exceptional set-and-forget investmentdelivering immediate cashflow and future capital gain.
Securely leased with quality tenants in place, the property generates a combined rental income of $970 per week ($50,440 annually), delivering a solid gross yield of approximately 5.97%. With separate metering, low-maintenance construction, and private entries for each unit, this dual-key offering presents a rare opportunity for investors seeking both reliability and return.
Unit 1:
Three bedrooms with built-in robes, including a master suite with walk-in and ensuite
Open-plan living, ceiling fans throughout, and split-system air conditioning in living and master
Family bathroom with separate bath and shower
Internal laundry
Single lock-up garage with remote and internal access
Covered entertaining area and generous backyard
Water tank connected
Leased at $520/week until November 2025
Unit 2:
Two bedrooms with built-in robes
Modern bathroom with large corner shower
Ceiling fans and split-system air conditioning
Single lock-up garage with remote and internal access
Covered entertaining area and generous backyard
Water tank connected
Leased at $450/week until March 2026
Located in a thriving regional market with low vacancy rates, increasing infrastructure investment, and long-term population growth, this is an ideal portfolio addition for savvy investors seeking both stability and future capital gain. Dual occupancy properties of this calibre rarely come to marketand even more rarely with such secure tenancies already in place.
Call Hennessy Real Estate on 02 6742 3001 to secure this high-performing investment!
