Home/Properties/Chippendale/Unit 718/18 Park Lane
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Unit 718/18 Park Lane

Chippendale, NSW 2008, Australia
$580,000
1 bed 1 bath

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Area Price Guide
$545,200$614,800

Indicative price guide range

🏘️
76
Comparable
📊
$850,000
Area median
⚖️
-32%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

8 nearby schools

Catchment: Ultimo Public School

Zoning

Unknown — No zoning data found for this location

Unknown

Public transport

10 stops within 1.5km

Nearest: Harris St at Mary Ann St (0.5km)

Traffic

Moderate congestion

Morning (7-9am) and evening (4-6pm) peak hours see increased congestion on City Road and Cleveland Street as traffic flows toward and away from the CBD. Friday afternoons experience elevated congestion levels.

Flood risk

None

This property does not appear to be within a mapped flood planning area.

Bushfire risk

None

This property is not within a mapped bush fire prone land area.

Crime profile

above average

Trend: stable

Nearby development

0 projects nearby

No recent development applications found within 2km.

Heritage

Not heritage listed

No heritage items found near this property.

Sources: Australian Gov open data + StMate AI
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Property Photos

About this property

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

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,812/month
    $1,406 /fortnight
    Loan $464,000 at 6.10% over 30 years

    Upfront costs

    Deposit$116,000
    Stamp duty$17,212
    Conveyancing (est.)$2,000
    Total upfront$135,212
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    2 months ago

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    Agent name, phone and enquiry form are on the original Domain listing.

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