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Macquarie Technology Centre, Macquarie Park

Macquarie Technology Centre is located in Macquarie Park, 12 kilometres north-west of the Sydney CBD. The site consists of two buildings, 33-39 Talavera Road and 11-17 Khartoum Road, both comprising office and warehouse accommodation with onsite parking for over 400 vehicles. The site has recently been refurbished and leased and is suitable for future redevelopment.

Location: North-West Sydney, NSW
Acquisition date: Oct 2000
Ownership/Title: 100%/Freehold
Cost including additions: $45.8 million
Last Independent Valuation
Date: Dec 2015
Valuation: $48.8 million
Valuation $/m2: $3,160/m2
Capitalisation rate: 7.00%-8.25%
Discount rate: 8.25%
Lettable area: 15,443 m2
Site area: 3 ha
Weighted average lease expiry: 5.6 years
Major Tenants GLA m2
Chubb Security Holdings Australia Pty Ltd 9,147
Tardis Services 692
Twin Loop Binding 556
Noel Arnold & Associates 1,235