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Macquarie Technology Park

Located in Macquarie Park, this under-developed site is located 12 kilometres north-west of the Sydney CBD. The site consists of two buildings, 33-39 Talavera Road and 11-17 Khartoum Road. Stage one DA and masterplan have been submitted for a 10 storey, 17,500 sqm commercial office development with the site holding development potential for up to 60,000 sqm of gross floor area.

Location: North-West Sydney, NSW
Date:Jun 2018
Valuation:$59.3 million
Valuation $/m2:$3,916/m²
Capitalisation rate:6.63%-7.5%
Discount rate:7.25-7.50%
Lettable area:15,143 m²
Site area:3.0 ha
Weighted average lease expiry:4.2 years
Acquisition date:Oct 2000
Ownership/Title:100%/Freehold
Cost including additions:$47.1 million
Major TenantsGLA m2
Chubb Security Holdings Australia Pty Ltd9,147
Wise Medical859
TRED Australia709
Greencap NAA Pty Ltd1,235