SOLD
Sold on 16 Jan 2024 for $580,000

202/1-5 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 37m2
Land area: 46m2
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Property Details for 202/1-5 Park Lane, Chippendale

202/1-5 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 46m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Chippendale in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
37m2
Land Size
46m2
Local Government
Sydney
Lot/Plan
26/SP88565

Last Listing description (November 2022)

Take your place in one of Sydney's most exciting downtown destination and enjoy a connected lifestyle with every convenience at the doorstep and access to five-star facilities making day to day living a breeze. Set in the Park Lane building of the celebrated Central Park development, this one-bedroom apartment faces north with views over Chippendale Green as an ever-changing backdrop. Designed by acclaimed architectural firm Johnson Pilton Walker, Park Lane is right in the heart of this dynamic urban village and combines high-end design with sustainability achieving a 6 Green Star energy rating. A prime location easy walking distance to the University of Sydney and UTS is just a few hundred metres to Central Park Mall and Spice Alley's eat street with cafes and galleries all around.

- Acclaimed security building with secure level lift access

- Double bedroom with floor to ceiling built-in robes
- Glamorous bathroom with rainfall shower and laundry
- Smart home technology, ducted air, ambient lighting
- Streamlined living and dining with a due north aspect
- Glass-framed loggia overlooking Chippendale Green
- Stone-topped Smeg gas kitchen, integrated dishwasher
- Rooftop pool and spa, sundeck, gym and village green
- Urban living at its best, top investment, high demand
- Education hub, walk to UTS, Notre Dame and Sydney Uni
- 200m to the famed Spice Alley and Central Park Mall
- Rates: Water $185pq, Council $303pq, Strata $1,609.08pq (All approx.)
Our recommended loan broker: Tommy Nguyen (www.loanmarket.com.au/tommy-nguyen)

Contact Bianca Field 0437 059 157
Astrid Joarder 0410 351 519

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Property History for 202/1-5 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$580,000
16 Jan 2024
Listed for Rent
$600/w
07 Jul 2016
  • 16 Jan 2024
    Sold for $580,000
  • 18 Aug 2022
    Listed for Sale For Sale $600,000-$660,000
  • 04 Nov 2016
    Sold for $640,000
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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 5,538 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 47 properties listed for sale, and 58 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Chippendale.

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