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

 

 

 

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Address Unit 718, 18 Park Lane, Chippendale
Price $580,000 - $600,000
Property Type Residential
Property ID 2161
Category Apartment

Inspections

  Saturday 13 June 11:15 AM - 11:45 AM

  Saturday 20 June 11:15 AM - 11:45 AM

  Saturday 27 June 11:15 AM - 11:45 AM

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Agent Details

Zhong Ying (Alan) Tong photo

Zhong Ying (Alan) Tong

0410413886
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