The site at 6-12 Dumaresq Street, Campbelltown, is located between Dumaresq Street cinemas and the post office, and is currently home to squash courts.
Plans show the ground floor will accommodate almost 600 square metres of retail floor space, while levels one, two, three and four will provide parking for 116 spaces.
Above ground parking is necessary because of water4-table issues.
Level five will also provide almost another 600 metres squared of retail space.
The levels above five will be made up of a mix of studio, two and three-bedroom apartments – 100 in total.
Michael Brown Planning Strategies is the applicant. Council will place the proposal on public exhibition.