8 London Street,
Campsie, NSW 2194
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Colliers - Sydney West
Level 50, 8 Parramatta Square, 10 Darcy StreetPARRAMATTA, NSW 2150
8 London Street
Campsie, NSW 2194
Map of 8 London Street
Train stations within 5 km of 8 London Street, Campsie, NSW 2194 Distance Campsie Station 98 m Canterbury Station 1.5 km Belmore Station 1.5 km Lakemba Station 2.7 km Hurlstone Park Station 2.8 km POWERED BY HERE ©Tram stops within 5 km of 8 London Street, Campsie, NSW 2194 Distance Arlington Station 3.4 km Dulwich Grove 3.4 km Lewisham West Light Rail Station 4.2 km Taverners Hill Light Rail Station 4.5 km POWERED BY HERE ©Bus stops within 5 km of 8 London Street, Campsie, NSW 2194 Distance Concord Shops Majors Bay Rd 54 m Beamish St at North Pde 119 m South Pde Opp Campsie Station 168 m Beamish St Opp Anzac Mall 183 m Campsie Station, South Pde 199 m POWERED BY HERE ©
POWERED BY HERE ©
Campsie’s Prized Possession ~ Mixed Use Apartment Block
- 8 apartments, Korean BBQ & Dentist
- 10 strata-titled lots
- 100m* to Campsie Train Station
Colliers is pleased to present 8 London Street, Campsie, a unique opportunity to acquire a three-level mixed use building comprising of 10 strata titled lots with diverse and multiple income streams in one of Sydney’s thriving and highly sought after Inner West locations.
The building is backed by its solid brick construction and underpinned by the very popular Se Jong Korean BBQ Buffet restaurant on ground floor and dental surgery on the first floor, together with eight (8) modern apartments over 3 levels with basement parking for 16 car spaces.
Campsie is home to the vibrant Beamish Street and some of Sydney’s most renowned restaurants, cafes & pubs all providing plenty of options for entertainment and dining out.
8 London Street, Campsie offers:
• Freestanding mixed-use building comprising of 10 strata titled lots.
• Secure income producing asset with strong value-add proposition for rental reversion, reconfigure, renovate, strata-sell down or redevelopment (STCA).
• Blue-ribbon location only 100m* to Campsie Railway Station and within 20 minutes to Sydney CBD by public transport or drive.
• Strong rental growth in exceptionally low vacancy market at 0.8% in June 2024 (SQM Research).
• Estimate fully leased market passing income - $680,000* per annum + GST
• B2 Local Centre zoning with potential for up to 8-storeys^ and upside.
• Apartment blocks are attractive investments due to the current housing shortage, rising rents and migration boom.
• Dynamic and densely populated trade area, containing a high proportion of Asian born residents.
8 London Street, Campsie is for sale via International Expressions of Interest closing Thursday 22 August 2024 at 3:00PM (AEST).
*Approximately
^Subject to council approval
The building is backed by its solid brick construction and underpinned by the very popular Se Jong Korean BBQ Buffet restaurant on ground floor and dental surgery on the first floor, together with eight (8) modern apartments over 3 levels with basement parking for 16 car spaces.
Campsie is home to the vibrant Beamish Street and some of Sydney’s most renowned restaurants, cafes & pubs all providing plenty of options for entertainment and dining out.
8 London Street, Campsie offers:
• Freestanding mixed-use building comprising of 10 strata titled lots.
• Secure income producing asset with strong value-add proposition for rental reversion, reconfigure, renovate, strata-sell down or redevelopment (STCA).
• Blue-ribbon location only 100m* to Campsie Railway Station and within 20 minutes to Sydney CBD by public transport or drive.
• Strong rental growth in exceptionally low vacancy market at 0.8% in June 2024 (SQM Research).
• Estimate fully leased market passing income - $680,000* per annum + GST
• B2 Local Centre zoning with potential for up to 8-storeys^ and upside.
• Apartment blocks are attractive investments due to the current housing shortage, rising rents and migration boom.
• Dynamic and densely populated trade area, containing a high proportion of Asian born residents.
8 London Street, Campsie is for sale via International Expressions of Interest closing Thursday 22 August 2024 at 3:00PM (AEST).
*Approximately
^Subject to council approval
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Property ID: 504642752Last Updated: 24 Jul 2024
Colliers - Sydney West Level 50, 8 Parramatta Square, 10 Darcy Street
PARRAMATTA, NSW 2150
PARRAMATTA, NSW 2150
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