8 London Street Campsie NSW 2194

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 by Private Treaty with an indicative sale price of $10,000,000. Genuine Vendor wants it SOLD.

*Approximately
^Subject to council approval