A rare, fully leased mixed use investment in Sydney’s tightly held inner city suburb of Camperdown, situated opposite Camperdown Park, has been brought to market.
The three-level property at 15 Fowler Street has two ground floor retail tenancies anchored by popular local café, Gather on the Green, with 14 residential apartments on the two floors above.
The 1,001sq m building is situated on a 475sq m site in a quiet cul-de-sac opposite Camperdown Park.
It is within close proximity to major employment, education, healthcare and lifestyle hubs including the University of Sydney, UTS, Royal Prince Alfred Hospital and Newtown’s dining and lifestyle precinct, underpinning strong and ongoing tenant demand from students, medical professionals and young urban workers.
15 Fowler Street, Camperdown is being offered for sale via an Expressions of Interest campaign run by Adam Droubi and James Masselos of Knight Frank on behalf of a private vendor, Garine No2 Pty Ltd.
The initial price guide is $10 million.
The property generates a gross annual income of approximately $552,065, supported by 100 per cent occupancy and a highly desirable unit mix, with 71 per cent two-bedroom apartments.
The asset also benefits from recent capital upgrades, including extensive fire compliance works, which reduce future capital expenditure requirements and enhance long term income security.
Mr Droubi said 15 Fowler Street was an exceptionally well-located mixed-use investment offering immediate income security and long-term upside.
“The property is located in one of the inner city’s highly demanded precincts, both in terms of buyers and tenants.
“Combining 16 diversified income streams, recent capital upgrades and strong activation from the well
established Gather on the Green café on the ground floor, the property provides immediate income security with multiple paths for future uplift.
“The property’s position opposite Camperdown Park, combined with its proximity to major education and healthcare institutions, ensures sustained rental demand across both the residential and commercial components.
“Opportunities of this scale and stability are very rare, making 15 Fowler Street an exceptional offering for investors seeking a resilient, income-driven inner-city asset.”
Mr Masselos said: “Camperdown is a tightly held precinct, and assets offering diversified income, strong occupancy and future flexibility are seldom available.
“While the property is fully leased and its current use is in demand, it also has flexible accommodation potential, with the existing apartment layouts lending themselves to future adaptation and student accommodation or shared essential worker housing.”
The Expressions of Interest campaign for 15 Fowler Street, Camperdown will close at 4:00pm (AEST) on Tuesday, 12 May 2026.
Related Articles
