Map18-20 High Street, Campbelltown, NSW 2560
- 5
- 2
- 2
Sold
Auctioned for $1,595,000 on Apr 01, 2023
Large double block approved for development
A rare opportunity to purchase a double block of land in the popular suburb of Campbelltown.
This property is perfect for an investor or developer with council approval already in place to develop this land into multiple dwellings. The approval is to demolish the two existing homes, subdivide and build 5 new homes.
*Subject to council approval, there is also the potential to develop a child care centre / boarding house.
The block itself is a generous 1600ms2 with a huge amount of street frontage.
Both existing homes are currently tenanted so there will be rental income until you decide to begin construction.
Disclaimer: Every precaution has been taken to establish accuracy of this information but does not constitute any representation by the vendor or agent. Prospective purchasers are urged to rely on their own enquiries. If any other agent has a current exclusive agency agreement in relation to this property, please disregard this communication.
Sadik Karim
Principal & Licensee In Charge
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L21706839
- Property Type:House
- Garages:2
- Land Area:1600 sqm
We Know Your Area
R&H Suburb Profile: Campbelltown| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 184 |
| Average Price | $919,205 |
| Median Price | $878,000 |
| Median Rental Price | $555 p.w. |
| Change in Rental Rate (5yr) | 39 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 286 |
| Average Price | $528,598 |
| Median Price | $511,500 |
| Median Rental Price | $500 p.w. |
| Change in Rental Rate (5yr) | 32 % |
Median Trend - $878,000
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