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Sold on 31 Oct 2024 - Price Unavailable

203/47-49 Chippen Street
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 39m2
Land area: 1561m2
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Property Details for 203/47-49 Chippen St, Chippendale

203/47-49 Chippen St, Chippendale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1561m2 and floor size of 39m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Chippendale in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
39m2
Land Size
1561m2
Local Government
Sydney
Lot/Plan
27/SP64972

Last Listing description (October 2024)

Serviced Apartment Building.

Presenting a fantastic investment opportunity with multiple ways to earn high rents. The perfect choice for those looking for an Airbnb suitable property and those looking to capitalise on the booming short term rental market. Located in the Nesuto building, you are situated a short stroll away to Central Station, Spice Alley and Broadway Shopping Centre.

- Option to lease on a short term basis with estimated net returns of up to $43,152.20 net p/a fully managed (9% return)

- Currently leased for $640 p/w, which is a 5.3% net return after strata, water & council
- Can be leased though Nesuto Hotels for a flexible, hands off management experience
- Including a valuable security car space on title, security access building, lift access
- Spacious living area which flows onto balcony, bedroom with built in wardrobe
- Fantastic building facilities including, pool, spa, gym, sauna and rooftop area

*Images featuring virtual furnishings

Call Brenden Taliana on 0402 634 828 or email brenden@sydneycoveproperty.com.

All information contained herein is gathered from sources we deem to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Property History for 203/47-49 Chippen St, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
31 Oct 2024
Listed for Rent
$550/w
19 Apr 2023
  • 31 Oct 2024
    Sold
  • 17 Sep 2024
    Listed for Sale Contact Agent
  • 11 Apr 2023
    Listed for Rent - Price not available
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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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