5 Fifth Ave, Campsie, NSW, 2194 - BlockOfUnits Sold on 06 12 2025

SoldDec 6, 2025

5 Fifth Ave, Campsie, NSW, 2194

$5,450,000

1013 m²

BlockOfUnits

•

25 days on the market

Sold: Dec 6, 2025

What's around 5 Fifth Ave

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

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Seller's review

10 months ago

Verified Review

Great Agent

Professional, extremely experienced and knowledgeable of the market and most importantly very trustworthy – We knew that we chose the right agent from Day 1. Our property was not an easy one to sell with a limited number of buyers at its high price point however David’s expertise and the extensive relationship reach he has with many people ensured we got the result we wanted and the result he promised, with terms favourable to all parties. Would not hesitate to use or recommend David, whether buying or selling in any area of Sydney

Paul

Seller