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L7/18 Park Ln

Chippendale NSW 2008

1
1
46 m²
Apartment
Currently for sale - view listing

Overview

47Sqm Studio 1Bed 1Bath Level 7 Wintergarden West facing

47Sqm Studio 1Bed 1Bath Level 7 Wintergarden West facing Property Description Property Overview Configuration: 1 Bedroom | 1 Bathroom (Versatile Studio/1-Bed Layout) Aspect & Features: Situated on Level 7, featuring a seamless, enclosed Wintergarden (sunroom). The floor-to-ceiling glass design maximizes natural light while ensuring excellent acoustic insulation. Premium Interiors: Designed with a sleek, minimalist aesthetic. It boasts a gourmet kitchen with Smeg gas appliances, stone benchtops, and fully integrated cabinetry. Custom floor-to-ceiling wardrobes act as a smart divider between the living area and bedroom, optimizing space and storage. Five-Star Building Amenities Located in the award-winning Central Park precinct, residents of 'The Mark' enjoy world-class resort facilities: 24/7 Concierge Service and a highly secure building access system. Rooftop Terraces & Spa: Access to an outdoor heated 20m swimming pool, spa, and sun-drenched lawns. Commercial-Grade Gym: Fully equipped with state-of-the-art fitness machinery. Investment Highlights & Market Edge As a blue-chip asset in Sydney's vibrant inner-city, this property offers unmatched rental resilience and exceptional fundamentals: Outstanding Cash Flow & Rental Yield: The property is an absolute powerhouse in the rental market, with current market rental estimates reaching $900 per week (approx. $46,800+ annually). This delivers a gross rental yield that significantly outperforms the Sydney apartment average. Unbeatable Lifestyle & Location: Educational Hub: A brief stroll to the University of Sydney (USyd), UTS, and nearby Notre Dame University. Convenience & Amenities: Central Park Mall is right at your doorstep, featuring Woolworths, Palace Cinemas, and the famous Spice Alley. Connectivity: A 5-to-10-minute walk to Central Train Station, the Light Rail, and major bus interchanges, keeping vacancy rates consistently close to zero. Investment highlights - Rent: $900/w - Year built:2014 - Outgoings approximate: · Strata $1,778/q · Council $335/q · Water $300/q Contact Wendy Wang for inspections or inquiries: PHONE 0428 355 366 Disclaimer: While we strive for accuracy, all information provided is sourced from third parties and should be verified independently.

Features

1 bedroom
1 bathroom
46 m² floor area
Apartment

Property history for L7/18 Park Ln

2019
Rented
Undisclosed
Leased on 16 Oct 2019 by Global Property Investment Group

Happy sellers in Chippendale

81%
81% 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 21 reviews in Chippendale over the last 12 months.

Local market activity for 1 bedroom apartments in Chippendale

In the last 12 months, 74 one-bedroom apartments similar to L7/18 Park Ln, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

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