Controversial property developer Salim Mehajer has been granted bail on his fourth attempt despite a Sydney court hearing he could try to flee the country if released.

The 31-year-old won his freedom on Thursday evening on condition of a $200,000 surety following an all-day hearing in the NSW Supreme Court.

Justice Desmond Fagan granted bail to the former Auburn deputy mayor, saying Mehajer would have to report to Bankstown police station twice daily, not leave the state of NSW and not go within 500 metres of Sydney airport.

Mehajer, who appeared in court via video link, is battling multiple charges including an allegation he perverted the course of justice by staging a car accident on his way to face assault charges.

Crown prosecutor Rossi Kotsis earlier on Thursday said Mehajer – who has been in custody since January – had family ties with Lebanon and a letter from an unknown source was intercepted before it reached him in jail stating there was a plane for him in Queensland.

But Justice Fagan noted the 31-year-old probably wouldn’t stand trial on the perverting the course of justice charges until late 2019 and was unlikely to be sentenced to more than 18 months in jail if found guilty.

Mehajer won’t immediately be released from Silverwater jail as he’ll need to organise the surety and fill in the required paperwork.

-AAP