718/18 Park LaneChippendale NSW 2008
Property Details for 718/18 Park Lane, Chippendale
718/18 Park Lane, Chippendale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 46m2 and floor size of 37m2.This Property is currently listed for sale with Capri Property Mangement - Ashfield
Last Listing description (July 2026)
Behind the famous vertical gardens of Central Park, level 7, sits a studio that does something rare in inner Sydney it earns its keep while delivering a five-star lifestyle. Designed for investors who want yield without compromise, or owner-occupiers who refuse to choose between location, building and lifestyle.
A streamlined open-plan layout opens onto a wintergarden-style balcony framed by floor-to-ceiling glass. Smeg gas kitchen on stone benchtops; bedroom naturally separated with full-height built-in robes. Ducted air, internal laundry, walk-in shower properly finished, not just for show.
Central Park needs no introduction. Pritzker-laureate architecture, 24-hour concierge, heated pool, spa, gym, communal gardens, and on-site retail and dining at street level. Step outside and you're moments from the University of Sydney, RPA Hospital, the Goods Line, Spice Alley, and the light rail at Central CBD ten minutes away, Surry Hills, Newtown and Glebe within walking distance.
Investment highlights
- Currently leased at $900 per week to a quality tenant (paid in advance, professionally managed by Capri Property Management)
- $46,800 p.a. gross income well above the average Sydney apartment yield
- Outgoings approximate: Strata $1,778/q Council $335/q Water $300/q
At a glance
- Open-plan living, dining, kitchen with Smeg gas appliances and stone surfaces
- Floor-to-ceiling glass to wintergarden-style balcony
- Generous built-in robes; ducted air conditioning; internal laundry
- 24/7 concierge, heated pool, spa, gym, communal gardens
- Walk to USyd, RPA, light rail, Surry Hills, Newtown
- Tenant in place settle and start earning from day one
Property Code: 2161
Property History for 718/18 Park Lane, Chippendale, NSW 2008
- 23 Feb 2026Listed for Sale $550,000
- 21 Aug 2025Listed for Rent $900 / week
- 16 Jun 2025Listed for Rent $900 / week
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About Chippendale 2008
The size of Chippendale is approximately 0.5 square kilometres. There are 5 parks, covering nearly 2.9% of the total area. The population of Chippendale in 2016 was 8617 people. By 2021 the population was 7803 showing a population decline of 9.4% 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 2021, 21.50% of the homes in Chippendale were owner-occupied compared with 23.90% in 2016.
Chippendale has 5,643 properties. Over the last 5 years, Houses in Chippendale have seen a -12.28% decrease in median value, while Units have seen a -3.43% decrease. As at 30 June 2026:
- The median value for Houses in Chippendale is $1,576,136 while the median value for Units is $812,010.
- Houses have a median rent of $1,100 while Units have a median rent of $900.
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