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Overview
Situated in the prestigious Central Park precinct at 18 Park Lane, this intelligently designed dual-key apartment offers a versatile living solution suited for investors or owner-occupiers aiming to maximize returns. The concept allows occupants to reside in one unit while leasing the other separately or leasing both independently, ensuring flexibility and enhanced rental income potential.
The apartment comprises two distinct one-bedroom, one-bathroom units, each featuring an expansive winter garden that extends the living space with abundant natural light. These enclosed garden areas offer adaptable space for various purposes, seamlessly connecting to open-plan living and dining areas enhanced by contemporary kitchens. This layout not only optimizes privacy but also fosters a modern lifestyle with separate internal laundries and individual letterboxes for each unit.
Additional practical features include secure basement parking with a dedicated storage cage, 24-hour building security with concierge services operating 12 hours a day, seven days a week, and intercom entry. Residents also enjoy convenient access to communal amenities within the complex such as a swimming pool, spa, gym, barbecue facilities, and a library, promoting a well-rounded living experience within a safe and community-oriented environment.
Location-wise, the apartment benefits from immediate proximity to green spaces at Central Park Green and a major shopping complex including Woolworths. Excellent public transport options are available with bus stops along George Street, and the property lies within walking distance to the Sydney CBD, major educational institutions like the University of Technology Sydney and the University of Sydney, TAFE, Central Station, and light rail stops. Nearby cultural precincts and shopping hubs including Chinatown, Broadway, Darling Harbour, and a variety of cafes and restaurants further underscore the exceptional convenience and lifestyle opportunities available.
- Adaptable dual-key design ideal for flexible occupancy or enhanced investment returns
- Two contemporary open-plan kitchens and spacious living/dining areas for separate units
- Two modern tiled bathrooms equipped with ample storage features
- Enclosed winter gardens that expand functional living space and enhance natural light
- Individual internal laundries and dedicated letterboxes for convenience
- Secure basement parking space with additional lock-up storage cage
- Comprehensive building security and concierge services
- Access to lifestyle amenities including pool, spa, gym, barbecue, and library
- Prime location with excellent public transport and walking access to key commercial and education hubs
Local Market Insights
In Chippendale, Quiet Listings observed 11 new apartments entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,891,818. The property type mix of listed properties is predominantly Apartments at 68%, followed by houses (32%). The most active agency for apartments in the Chippendale area is currently Belle Property, representing 27% of new listings, followed by Dragon Australia PTY LTD. with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Chippendale NSW 2008
Market Insights for Chippendale NSW 2008
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