SOLD
Sold on 24 Feb 2024 for $827,000

705/1-5 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
Land area: 66m2
Sold By
Greencliff
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Property Details for 705/1-5 Park Lane, Chippendale

705/1-5 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 66m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Chippendale in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
41m2
Land Size
66m2
Local Government
Sydney
Lot/Plan
129/SP88565

Last Listing description (April 2024)

Here is your chance to own a beautiful, sun drenched, sleek, modern and stylish one bedroom apartment.

With stunning renovated interiors, extra storage space, floor to ceiling windows over looking the park and all the convenience and lifestyle that has on offer living in the award winning Central Park Development. This property is an absolute must for any one looking for taste of luxury and convenience in the inner city.

Morning sun streaming through your bedroom window and light bright living room flowing effortlessly onto the loggia looking out into the beautifully designed Park at the Centre of all that is Central Park.

Stroll to any number of restaurants in Spice Alley or surrounding areas. Watch a movie at the theatre a five minute stroll into the Central Park Mall and grab your groceries from Woolworths on your way home. Work out at the incredibly well equipped Central Park Gym or take a dip in the pool, the choices and options are endless.

This property really does offer luxury, lifestyle and convenience with absolutely everything you need at your doorstep and all the transport options you could want surrounding you should you so desire.

Features Include:

24 Hour Concierge

Gym

Pool

Spa

BBQ area

Air con

Partially renovated

Close to transport

5 minutes to city

Car Space

Storage Cage

Property Code: 5474

Property History for 705/1-5 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$827,000
24 Feb 2024
Listed for Rent
13 Dec 2013
  • 24 Feb 2024
    Sold for $827,000
  • 22 Jan 2024
    Listed for Sale Not Disclosed
  • 01 Jun 2021
    Listed for Sale $860,000
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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 5,532 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 51 properties listed for sale, and 67 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Chippendale.

Suburb Insights for Chippendale 2008

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.