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16 Giffnock Avenue, Macquarie Park

Key Property Information

16 Giffnock Avenue 16 Giffnock Avenue comprises a modern commercial office with an ancillary warehouse. The property has an NLA of 11,739m², basement parking for 153 vehicles and on-grade car parking for 118 vehicles.

The property is located in Macquarie Park, 12km north-west of Sydney. It is strategically located adjacent to the Optus Centre, extending Stockland’s presence in this growing precinct.
Key Information
Location:North-west Sydney, NSW
Acquisition Date:July 2000
Ownership/Title:100%/Freehold
Independent Valuation:June 2008
Valuation ($/m2):$41.6 million ($3,544/m²)
Capitalisation Rate:7.50%
Discount Rate:9.00%
Net Lettable Area:11,739m²
Car Parking Spaces:271
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