Back 706/8 Park Lane
Off Market

706/8 Park Lane

Chippendale NSW 2008

1
1
40 m²
43 m²
Apartment
Last sold for $555,000
Emma VadasEmma Vadas, last sold this property on 05 August 2025 after 96 days on market.

Overview

Spacious and Sun Filled Investment in 'Park Lane'

Nestled in the heart of Chippendale, this stylish studio suite part of the award-winning Central Park development, is ideal for those seeking modern living with all the lifestyle perks. - Open plan layout featuring combined living and dining - East facing wintergarden with abundance of natural light - Sleek gas kitchen with quality appliances & ample storage - Sizeable bedroom with built-in robe, ducted air-conditioning - Designer bathroom with generous shower & discreet laundry - Secure building with 24/7 concierge, intercom & lift access - Outdoor pool, commercial sized gym, rooftop spa & BBQ area - Footsteps to Spice Alley, Central Park Mall, Broadway & UTS - Central Station, USYD, Glebe Point Road + Chinatown nearby - 7% rental yield potential, estimated $775pw - $820pw in current market Apartment 40sqm Storage 3sqm Strata $1,828pq approx. Council $322pq approx. Disclaimer: All information contained herein is gathered from third party sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own independent enquiries and not on the information contained herein. Figures and details are subject to change without further notice.

Features

1 bedroom
1 bathroom
40 m² floor area
43 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Chippendale over the last 12 months, the estimated median property value of 706/8 Park Lane is $670k.

Median value
$670k
Estimated value range
$210k - $1.02m
Median days on market
29
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chippendale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 706/8 Park Lane

2025
Sold
$555,000
05 Aug 2025 by Emma Vadas, of Ayre Real Estate Pyrmont

Happy sellers in Chippendale

82%
82% of sellers in Chippendale reported that their sale price either exceeded or met their price expectations.

Chippendale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Chippendale over the last 12 months.

Local market activity for 1 bedroom apartments in Chippendale

In the last 12 months, 72 one-bedroom apartments similar to 706/8 Park Lane, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

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