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23 Park St Apartment Building For Sale Campsie, NSW 2194
Investment Highlights
- Six existing two-bedroom apartments with onsite parking for six cars.
- Within walking distance to Campsie town center, upcoming Sydney Metro line, and Canterbury Hospital.
- Zoned R4 High-Density Residential, enabling significant redevelopment potential (STCA).
Executive Summary
23 Park Street, Campsie offers a rare opportunity to acquire a high-density residential zoned property with strong holding income and substantial redevelopment potential. This deceased estate comprises six existing two-bedroom apartments plus parking for six vehicles, producing an approximate gross annual income of $170,560.
Strategically located in the heart of Sydney’s Inner South West, the property enjoys close proximity to Campsie town center, Canterbury Hospital, and the highly anticipated Sydney Metro. The 664 m² landholding falls under R4 High-Density Residential zoning, providing developers or value-add investors excellent scope to unlock future potential through refurbishment, repositioning, or redevelopment (subject to planning approval).
With multiple public transport options nearby and growing demand for quality residential projects within established suburbs, this offering combines secure income with capital growth prospects. The property will be sold via public auction on Tuesday, May 19, 2026, at Cooley Auction Rooms, Double Bay.
Strategically located in the heart of Sydney’s Inner South West, the property enjoys close proximity to Campsie town center, Canterbury Hospital, and the highly anticipated Sydney Metro. The 664 m² landholding falls under R4 High-Density Residential zoning, providing developers or value-add investors excellent scope to unlock future potential through refurbishment, repositioning, or redevelopment (subject to planning approval).
With multiple public transport options nearby and growing demand for quality residential projects within established suburbs, this offering combines secure income with capital growth prospects. The property will be sold via public auction on Tuesday, May 19, 2026, at Cooley Auction Rooms, Double Bay.
Property Facts
| Sale Type | Investment | Building Class | C |
| Sale Condition | Redevelopment Project | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,306 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Parking Ratio | 1.39/1,000 SF |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,306 SF |
| No. Stories | 2 |
| Parking Ratio | 1.39/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Courtyard
Contacts
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Matt Pontey -
Miron Solomons -
Jake Smith -
Cushman & Wakefield
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23 Park St
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