OFF MARKET

1401/8 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
Land area: 42m2
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Property Details for 1401/8 Park Lane, Chippendale

1401/8 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 42m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2014
Floor Size
39m2
Land Size
42m2
Local Government
Sydney
Lot/Plan
235/SP89257

Last Listing description (May 2023)

This luxury apartment exudes a perfect balance of aesthetics, practicality, warmth and clean minimalism. Featuring fresh modern interiors and a superb position, this Central Park apartment holds enormous appeal for both buyers and investors. Move straight in and enjoy a lifestyle of supreme convenience within footsteps to a variety of excellent eateries, transport and amenities.

- Currently tenanted for $735.00 per week
- Living and dining flows easily to a large enclosed balcony

- Stylish contemporary kitchen with quality appliances
- Large bedroom, custom built-in wardrobe, ducted air conditioning
- Ultra modern bathroom with internal laundry facilities
- 3sqm lock up storage cage
- Building facilities include gym and pool
- Exceptional investment property in a sought-after setting
- Skyline views of Iconic heritage buildings
- Stroll to Sydney Uni, UTS, buses/trains, cafes, restaurants and CBD

Located in the centre of the vibrant Broadway business and shopping hub with Universities, Chinatown, Broadway shopping precinct, local cinemas and galleries at your doorstep. Only a short distance walk to Central Station, CBD and Darling harbour; connected to everywhere in Sydney by convenient public transport.

Outgoings:
Water Rates: $155 p/q approx.
Council Rates: $296 p/q approx.
Strata Levies: $1,707 p/q approx.

The NSW government has scaled back restrictions around open homes as part of a staged approach to living with the COVID-19 virus. Density limits, QR code check-ins and mask wearing are no longer mandatory, but some may choose to wear masks and practice social distancing and hygiene precautions, and we fully support this as a business.

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Property History for 1401/8 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$585,000
24 Feb 2023
Listed for Rent
$450/w
28 Jun 2021
  • 24 Feb 2023
    Sold for $585,000
  • 22 Jun 2021
    Listed for Rent $450 / week
  • 01 Jun 2021
    Listed for Sale OPEN BY APPOINTMENT. CALL IAN 0447 696 425
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About Chippendale 2008

The size of Chippendale is approximately 0.5 square kilometres. It has 5 parks covering nearly 2.9% of total area. The population of Chippendale in 2011 was 4,056 people. By 2016 the population was 8,597 showing a population growth of 112.0% in the area during that time. The predominant age group in Chippendale is 20-29 years. Households in Chippendale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chippendale work in a professional occupation. In 2011, 29% of the homes in Chippendale were owner-occupied compared with 23.9% in 2016.

Chippendale has 5,531 properties. Over the last 5 years, Houses in Chippendale have seen a 12.65% increase in median value, while Units have seen a 0.16% increase. As at 31 October 2024:

  • The median value for Houses in Chippendale is $1,678,140 while the median value for Units is $836,656.
  • Houses have a median rent of $940 while Units have a median rent of $850.
There are currently 49 properties listed for sale, and 65 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Chippendale.

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