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5-7 Fifth Avenue Campsie, NSW 2194

Directions

5-7 Fifth Avenue,
Campsie, NSW 2194

Development Sites & Land

Price information

Sale

Recession Proof Investment

Key property information

Land area

Floor area

Zoning

Tenure type

Private inspections

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Map of 5-7 Fifth Avenue

Directions
  • Train stations within 5 km of 5-7 Fifth Avenue, Campsie, NSW 2194Distance
    Campsie Station329 m
    Belmore Station1.6 km
    Canterbury Station1.7 km
    Lakemba Station2.7 km
    Hurlstone Park Station2.9 km
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  • Tram stops within 5 km of 5-7 Fifth Avenue, Campsie, NSW 2194Distance
    Arlington Station3.5 km
    Dulwich Grove3.5 km
    Lewisham West Light Rail Station4.2 km
    Taverners Hill Light Rail Station4.6 km
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  • Bus stops within 5 km of 5-7 Fifth Avenue, Campsie, NSW 2194Distance
    Beamish St Opp Brighton Av200 m
    Beamish St Opp Ninth Av235 m
    Concord Shops Majors Bay Rd255 m
    Lofts Garden, Brighton Av263 m
    Beamish St at North Pde320 m
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DA Approved New Age Boarding House for 59 studios, Existing 8 x 2 bed Strata Block with Holding Income

Perfectly placed within metres to Campsie's vibrant hub and station/shopping precinct and just 14km from Sydney CBD, this property presents an exceptional opportunity for investors/ developers to acquire a DA Approved new generation boarding house with an existing block of 8 x 2 bedroom strata titled units, fully leased and providing strong holding income. Take advantage of Sydney's rising rental market and unprecedented demand for residential housing plus increased difficulty in obtaining new boarding house DA.

* DA Approved for 59 studios with own bathrooms and kitchens
* Architectural modern design, Land approx 1013sqm ( 20.19m x 50.29m )
* Flexible R4 High Density zoning offers multiple development options
* Existing 8 x 2 bedroom strata block with current income $195,520
* Strong returns/cash flow once complete ( Est GAR $1,380,000 pa )
* Part of former Sydenham to Bankstown Urban Renewal corridor
* 400 metres to Campsie railway station and hub
* 600 metres to Campsie Shopping precinct
* 400 metres to Harcourt Public School

For further information including a copy of the plans, please contact the agent with interest.

Details: David Pisano - 0408 835 6...

Additional information

Property ID: 504297508Last Updated: 9 Apr 2024

04088356...
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5-7 Fifth Avenue
Campsie, NSW 2194
LJ Hooker - Strathfield
2 Albert Road
STRATHFIELD, NSW 2135
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