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Overview
Located within the lively Central Park precinct, this north-facing studio apartment offers exceptional exposure to natural light and captivating panoramic city views, particularly from its rooftop terrace. Its position on the fourth floor of a boutique strata building built with solid brick construction ensures a secure lifestyle complemented by lift access.
The apartment cleverly integrates a separate bedroom area distinct from the living space, enhancing privacy despite its compact footprint of approximately 29 square meters. The timber and granite kitchen delivers a practical and stylish food preparation area that complements urban living needs.
Ideal for investors or first-home buyers, the property is richly connected to Sydney’s educational precincts with UTS, TAFE, the University of Sydney, and Notre Dame all within convenient reach. The nearby popular Spice Alley precinct and an array of dining, café, and retail options enhance lifestyle convenience, underpinned by excellent transportation connections.
The building's communal coin-operated laundry facilities add practicality without compromising internal space, while built-in wardrobes, an alarm system, and intercom provide smart security features. This apartment is designed for those seeking a blend of urban vibrancy, rental appeal, and ease of living in one of Sydney’s most dynamic neighbourhoods.
- Bright north-facing aspect for optimal daylight
- Well-appointed timber and granite kitchen
- Separate bedroom area enhancing space usability
- Fully tiled bathroom with quality finishes
- Impressive rooftop terrace offering spectacular city skyline views
- Secure strata with lift access and full brick construction
- Boutique building with only 45 apartments
This property represents a smart opportunity for anyone looking to capitalize on the strong rental market of the area, with estimated rental yields between $550 to $600 per week and a net return of approximately 4.1% to 4.7%. Its location, combined with its features, makes it a compelling choice for those investing in or entering Sydney’s property market.
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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