Property for Sale in Campsie, NSW 2194

Prime development opportunity in the heart of Campsie CBD - 77 and 79 Evaline Street Campsie

This is a unique chance to secure two adjacent properties offering a combined 1200m2 (approx) of prime development land in one purchase.

The ongoing revitalisation of the Campsie-Bankstown corridor and newly adopted council planning changes mean there is potential for redevelopment to build residential apartments up to 11 stories (STCA).

The Campsie revitalisation plan includes provision for more midrise and highrise development throughout the Campsie CBD. These 2 properties could be the corner stone of a significant new project in the heart of a new, modern, Campsie CBD as they are both located in the high density residential zone.

The properties are located approximately 500 meters from Campsie train station and just a short walk from Campsie's main street and main shopping precinct - Beamish Street.
Both properties currently contain large, freestanding, 4 bedroom single story houses and are tenanted. They will be sold subject to existing tenancies which are currently netting a combined $1200/pw in rental income.

Inspection is by appointment only Monday to Saturday. Contracts available on request.

NOTE: This sale includes both 77 and 79 Evaline Street and the contracts are interdependent.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.