18 City RoadChippendale NSW 2008
Property Details for 18 City Rd, Chippendale
Last Listing description (July 2022)
Colliers International is delighted to exclusively offer 18 City Road, Chippendale for sale by way of Expressions of Interest, an exceptional investment opportunity to acquire a mixed-use freehold building strategically located in the thriving area of Chippendale, just 1.5km south of the Sydney CBD.
The property sits on a 255sqm* site with a total building area of 503sqm*, comprising of a 251.9sqm* ground floor commercial/retail space currently leased and an upper floor open plan New York style penthouse space with a large entertainment terrace and rooftop overlooking Victoria Park, Broadway Shopping Centre and the Sydney CBD.
Directly opposite Victoria Park, the property is at a prominent corner position between City Road and Elim Place, boasting a 12m* prime street frontage onto City Road. It sits in the very heart of Chippendale which is filled with vibrancy of lifestyle, entertainment and hospitality, positioned only minutes from Broadway Shopping Centre and the Central Park District.
It is also surrounded by major educational institutes such as Sydney University, University of Technology Sydney, Notre Dame University and TAFE NSW, drawing over 100,000 students within immediate proximity. The vendor has engaged planning consultants to prepare a 23-room student accommodation scheme (STCA) to capture the highly demanded market.
Investment Highlights:
- Mixed-use freehold building located over two (2) levels consisting of 503sqm* plus rooftop
- Dominant corner position with prime 12m* street frontage onto City Road
- STCA opportunity to convert to highly demanded student accommodation
- Directly opposite Victoria Park and centrally located around 2 major shopping centres, Broadway Shopping Centre - and Central Park Mall
- Immediate proximity to USYD, UTS, TAFE NSW and University of Notre Dame
Expressions of Interest are to be submitted to Colliers International, the exclusive selling agents, by Thursday, 30 April 2020 at 10.30am (AEDT).
Property History for 18 City Rd, Chippendale, NSW 2008
- 10 Feb 2022Sold for $6,000,000
- 31 Mar 2020Listed for Sale Please contact agent
- 12 Sep 2019Listed for Rent - Price not available
Recent sales nearby
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0About 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 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 5,645 properties. Over the last 5 years, Houses in Chippendale have seen a 35.75% increase in median value, while Units have seen a -1.20% decrease. As at 30 November 2025:
- The median value for Houses in Chippendale is $1,938,979 while the median value for Units is $822,896.
- Houses have a median rent of $898 while Units have a median rent of $900.
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