Entire Block of 8 with Development Upside

- Block of 8 (4x2br + 4x1br) apartments
- Huge development upside (STCA)
- Potential of increasing the current 4 x 1 bedroom and 4 x 2 bedroom apartments to 4 x 1 bedroom and 11 x 2 bedrooms (STCA)
- With the completion of the additional 7 apartments (STCA) and renovation of the existing apartments, the potential market return increases to approx. $432,000pa.
- Well positioned close to the station and shops
- R4 Zoning: High Density Residential FSR 0.9:1
- Potential to add more apartments (STCA)
- Potential market return $172,120 per annum
- Set on approx. 1,011sqm of land with zoning R4

Set on 1,011sqm of level land is this entire block of 4 x 2 bedroom and 4 x 1 bedroom apartments with 8 parking. Situated only 700m* from Campsie Train Station and Beamish Street shops. With R4 zoning, this excellent investment as development potential (STCA). Potential market return $172,120 per annum. The Campsie Station Precinct has been earmarked by the NSW Dept. Planning as a Priority Growth Precinct and proposes significant planning/zoning upside.

12 Fourth Avenue, Campsie has significant development potential. The existing building's 8-apartment, 2-storey walk up is highly efficient and, with council approval, could be extended both vertically and to the rear of the site within the allowable envelope. The floorspace ratio of 0.9:1 is yet to be fully utilised, with approximately 550m² of potential additional gross floor area. The site's orientation, setbacks and proximity to transport and amenities make it suitable for modification or redevelopment within the framework of SEPP 65 and the Apartment Design Guide.
Charles Peters - Principal Craft Architecture
Level 9, 187 Macquarie Street
Sydney NSW 2000

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School catchments

Harcourt Public School Primary K-6 Government 0.32km
Campsie Public School Primary K-6 Government 0.70km
St Mel's Catholic Primary School Primary K-6 Catholic 0.73km
All Saints Grammar Junior School Primary Independent 1.1km
St Michael's Catholic Primary School Primary K-6 Catholic 1.2km
Belmore Boys High School Secondary 7-12 Government 1.3km
Belmore North Public School Primary K-6 Government 1.3km
Croydon Park Public School Primary K-6 Government 1.7km
St Francis Xavier Catholic School Ashbury Primary K-6 Catholic 1.9km
Canterbury South Public School Primary K-6 Government 1.9km
Australian International Academy, Sydney, Strathfield Campus Combined K-12 Independent 1.9km
St Joseph's Catholic Primary School Primary K-6 Catholic 2.0km
Belmore South Public School Primary K-6 Government 2.1km
Ashbury Public School Primary K-6 Government 2.1km
Canterbury Public School Primary K-6 Government 2.2km
St Therese's Catholic Primary School Primary K-6 Catholic 2.2km
Canterbury Girls High School Secondary 7-12 Government 2.2km
Canterbury Boys High School Secondary 7-12 Government 2.3km
All Saints Grammar Secondary K-12 Independent 2.4km
Rissalah College Combined K-12 Independent 2.6km
Holy Spirit Catholic College Secondary 7-12 Catholic 2.6km
Kingsgrove North High School Secondary 7-12 Government 2.9km
Trinity Grammar School Combined K-12 Independent 3.1km
Presbyterian Ladies' College Sydney Combined K-12 Independent 3.2km
Trinity Grammar School Bishop Chambers House Combined Independent 3.4km
Santa Sabina College Combined K-12 Independent 3.4km
St Vincent's College Ashfield Combined K-12 Catholic 3.5km
Ashfield Boys High School Secondary 7-12 Government 3.5km
Wiley Park Girls High School Secondary 7-12 Government 3.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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