SOLD
Sold on 16 Nov 2023 for $912,500

802/5 Park Lane
Chippendale NSW 2008

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 106m2
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Property Details for 802/5 Park Lane, Chippendale

802/5 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Chippendale in the last 12 months.

Building Type
Unit
Year Built
2013
Land Size
106m2
Local Government
Sydney
Lot/Plan
152/SP88565

Last Listing description (November 2023)

What a perfect location, just minutes away from Sydney Central Station, bus stops, TAFE, UTS, Notre Dame, Sydney University and Broadway Shopping Centre.

This beautifully presented one bedroom plus study apartment has a sunny aspect over looking the green heart of Central Park. Shaded by deciduous and evergreen trees, the parks and lawns at Central Park deliver a much-welcome splash of greenery.


Central Park development is the perfect combination of luxury meets nature, a place where you are not near cars, where you can only hear voices, and there are chairs, benches, trees and flowers.

Park Lane which is a Low rise building of only 8 floors and on the roof you find a Jacuzzi and a garden entertaining area as well as a dining area with free BBQ facilities.

Property features:
- Direct view of the Central Park Green
- Skylights window provides light filled living
- Luxury apartment with stainless steel appliances
- Ducted air conditioner
- 2 Large Size Security parkings
- Storage in basement
- Security building with 24-hour concierge
- Fitness centre with pool, gymnasium & spa
- Communal rooftop BBQ area & spa
- 6 star green rated development, World Leadership
- Pet friendly building
- 5 level shopping centre with Woolworths, Priceline, Cinema, library, restaurants...
- Doorstep to the future ''Tech Central''

Please contact Silvia Wan on 0416 737 287

Property History for 802/5 Park Lane, Chippendale, NSW 2008

A timeline of how this property has performed in the market
Last Sold
$912,500
16 Nov 2023
  • 16 Nov 2023
    Sold for $912,500
  • 10 Aug 2023
    Listed for Sale Buyer Guide $950,000
  • 03 Jul 2015
    Sold for $910,000
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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 5,630 properties. Over the last 5 years, Houses in Chippendale have seen a 33.56% increase in median value, while Units have seen a 2.99% increase. As at 31 July 2024:

  • The median value for Houses in Chippendale is $1,709,520 while the median value for Units is $833,037.
  • Houses have a median rent of $1,100 while Units have a median rent of $825.
There are currently 49 properties listed for sale, and 36 properties listed for rent in Chippendale on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Chippendale.

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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.