801/5 Park Lane, Chippendale, NSW 2008 | Apartment for sale | OnTheHouse
FOR SALE
motivated vendor

801/5 Park Lane
Chippendale NSW 2008

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Luxury Penthouse Living in the Heart of Central Park

Positioned on the top level of a low-density boutique building, this exceptional penthouse apartment at 801/5 Central Park Avenue, Chippendale delivers an outstanding combination of space, privacy, and unbeatable convenience.
Boasting a generous layout rarely found in the area, the residence features two spacious bedrooms, two modern bathrooms, and two secure car spaces, making it ideal for families, professionals, or investors.
Designed for effortless indoor–outdoor living, the apartment showcases large entertainment balconies on both sides, perfect for hosting guests, relaxing in the open air, or enjoying an abundance of natural light and cross-ventilation throughout the home.
The open-plan living and dining areas are complemented by a sleek contemporary kitchen, while both bedrooms are well-proportioned with built-in storage and excellent separation for privacy.
As a penthouse in a low-density building, this home offers a peaceful retreat above the city, with enhanced privacy and exclusivity.
Enjoy a truly unbeatable lifestyle with Central Park Shopping Mall, offering world-class dining, cafés, supermarkets, and daily conveniences at your doorstep.
Surrounded by parklands and within close proximity to Sydney CBD, UTS, University of Sydney, public transport, and major arterial roads, this location is second to none.
A rare opportunity to secure a large, luxury penthouse in one of Sydney's most vibrant and connected precincts.
Inspect with confidence – this is Central Park living at its finest.
Strata $5,936 pq
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Property Details for 801/5 Park Lane, Chippendale

801/5 Park Lane, Chippendale is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with Sydney Realty Group.

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Apartment
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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 5,640 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.
There are currently 28 properties listed for sale, and 44 properties listed for rent in Chippendale on OnTheHouse. According to Cotality's data, 199 properties were sold in the past 12 months in Chippendale.

Suburb Insights for Chippendale 2008

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William Tianguang Bai
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Sydney Realty Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.