718/18 Park Lane

Chippendale NSW 2008

Apartment

Currently for sale - view listing

Overview

A Rare Investment-Grade Studio Inside Central Park

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