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Back 5 Fifth Ave
Off Market

5 Fifth Ave

Campsie NSW 2194

16
8
8
1013 m²
Block of units
David PisanoDavid Pisano, last sold this property on 05 December 2025 after -118 days on market.

Overview

Sold - David Pisano

DA Approved 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 $203,870 * Strong returns/cash flow once complete ( Est GAR $1,534,000 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. Agent Interest: David Pisano - 0408 835 606

Features

16 bedrooms
8 bathrooms
8 carspaces
8 garage spaces
1013 m² lot size
Block of units

Estimated Value

We need at least 3 similar 16 bedroom block of units sold in Campsie over the last 12 months.

Property history for 5 Fifth Ave

2025
Sold
Undisclosed
05 Dec 2025 by David Pisano, of McGrath Strathfield
2025
Sold
$5,450,000
Auction Sale on 05 Dec 2025 by David Pisano, of McGrath Strathfield
2017
Sold
$4,908,000
Sold Before Auction on 11 Jun 2017 by Francois Vassiliades, of LJ Hooker Campsie

Happy sellers in Campsie

88%
88% of sellers in Campsie reported that their sale price either exceeded or met their price expectations.

Campsie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 112 reviews in Campsie over the last 12 months.

Local market activity for 16 bedroom block of units in Campsie

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