For Sale

5 Fifth Ave, Campsie, NSW, 2194

DA Approved For 59 studios, Existing 8 x 2 Bed Strata Block with Holding Income

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

Last updated on Friday, April 03, 2026 ( See property details for 5 Fifth Ave, Campsie, NSW, 2194)

Auction | Will Be Sold

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AI Property Insight

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

A versatile development opportunity in Campsie featuring a DA-approved boarding house, existing income-generating units, and flexible zoning for future growth.

🏡 Property Highlights

DA Approved for 59 studios with own bathrooms and kitchens
Existing fully leased block of 8 x 2 bedroom strata units generating strong income
Exceptional location just 400m to Campsie railway station and shopping precinct
Flexible R4 High Density zoning offering multiple development options
Architectural modern design on a 1013sqm block with potential for redevelopment
Part of the former Sydenham to Bankstown Urban Renewal corridor

✨ Key Features

Built-in Robes
Open-Plan Living
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Outdoor Area
Internal Laundry
Ceiling Fans

Suburb and Property Insights of Campsie, NSW 2194

Campsie is a vibrant suburb renowned for its diverse community, excellent transport links, and proximity to Sydney CBD. Key highlights include its bustling shopping precinct, excellent public transport options, and strong rental demand. The area offers a mix of residential and commercial developments, making it ideal for investors and developers seeking growth. With easy access to local amenities and schools, Campsie provides a convenient and dynamic lifestyle for residents.

Frequently Asked Questions

What is the current condition of the existing units and the proposed development?

The existing units are fully leased and in good condition, while the proposed development features a modern architectural design with DA approval for 59 studios, offering a contemporary living environment.

What are the future development options with the flexible R4 zoning?

The R4 High Density zoning allows for multiple development options, including additional multi-unit residential projects, subject to council approval and planning regulations.

What is the expected rental income once the new development is completed?

The estimated gross annual return upon completion is approximately $1,534,000, reflecting strong cash flow potential.

Are there any restrictions or covenants affecting the property?

The property is subject to local council regulations, including the current DA approval and zoning restrictions, which should be reviewed during due diligence.

What amenities and transport options are available nearby?

The property is conveniently located just 400 metres from Campsie railway station, 600 metres from the shopping precinct, and close to local schools and public amenities.

What to ask about this property to agent?

Are there any additional costs or fees associated with the development approval process? Has the property been assessed for flood or bushfire risks in the area? Are there any existing easements or zoning restrictions that could impact future development plans? What are the planning and approval timelines for the proposed development? Is there any ongoing or planned nearby construction that could affect the property’s value or livability? Are there strata or body corporate considerations for the existing units? What are the potential costs for site preparation or infrastructure upgrades? Has a comprehensive pest and building inspection been conducted? Are there any known environmental or heritage considerations affecting the site? What are the terms of the current lease agreements for the existing units?

5 Fifth Ave, Campsie, NSW, 2194 - More Details

DA Approved For 59 studios, Existing 8 x 2 Bed Strata Block with Holding Income

Type: Block Of Units
Bedrooms: 16
Bathrooms: 8
Parkings: 8

5 Fifth Ave, Campsie, NSW, 2194 - Point Of Interest

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Your Commute at a Glance: 5 Fifth Ave, Campsie, NSW, 2194

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5 Fifth Ave, Campsie, NSW, 2194

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