15/146-152 Cleveland Street, Chippendale NSW 2008
15/146-152 Cleveland Street, Chippendale NSW 2008
spacious 105sqm two-bedroom | secure car space included | long-hold building with low turnover | inner-city lifestyle with university proximity
The generous 105 square metre floor plan is a notable advantage in Chippendale, where most two-bedroom apartments trade below that size. A secure car space is rare in this inner-city pocket and adds meaningful convenience for professionals or investors. The building’s long average owner tenure suggests solid building management and a stable community, which appeals to owner-occupiers. This property is best suited for buyers seeking a spacious inner-city base near transport, universities, and the CBD without sacrificing parking or storage.
The absence of stated aspect or floor level means orientation and noise exposure may vary, potentially affecting desirability for some buyers. Rental yields around three percent might be considered moderate, though the secure car space and storage could support above-average appeal. The building’s 1999 construction year places it in a bracket where maintenance history becomes more relevant, so a thorough strata report is advisable.
Detailed Independent Property Report prepared by PropCred Analyst team for 15/146-152 Cleveland Street, Chippendale NSW 2008
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Chippendale is an inner-city suburb defined by its youthful, professional demographic and proximity to major universities and the CBD, driving strong demand from renters and first-home buyers. This dynamic fuels a high-turnover rental market, particularly for units, while limited house supply supports robust price growth. Future prospects are anchored in ongoing urban renewal and its central location, though affordability constraints and sensitivity to interest rate changes present notable risks for investors.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
105m²
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