58 Moore Street Campbelltown NSW 2560

CBRE, as the exclusive sales agent, is pleased to present to the market, 58 Moore Street, Campbelltown. This property presents an exciting opportunity to acquire a DA approved co-living establishment in proximity to Western Sydney University and Campbelltown Train Station.

58 Moore Street, Campbelltown benefits from the following key attributes;

- Development approved for a 24-room co-living development + on-site parking
- Currently improved as a house being rented out at $400 per week
- Estimated gross market income of $374,400* p.a. at full occupancy
- Favourable planning controls including R3 Medium Density Residential zoning and a 9 metre height of building limit
- Positioned to take advantage of South-West Sydney's rental boom with vacancy rates in the Campbelltown region at 0.6%* with upcoming extra inbound pressure from the expansion of the permanent migrant cap
- Within 800m* of Campbelltown Train Station & Campbelltown Shopping Centre
- Additional $2b financing lifeline via the Federal Budget in social and affordable housing will allow developers to work with federal and state governments to introduce this sub-sector into their portfolios

58 Moore Street, Campbelltown will be offered for sale via an Expressions of Interest closing on Wednesday, the 16th of October, 2024 at 4:00pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approx.