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Optus Centre, Macquarie Park##

This prime 7.6 hectare site is located in Macquarie Park, 12 kilometres north-west of Sydney CBD. Situated in close proximity to key amenities, this integrated campus comprises six low rise A grade buildings with over 84,000 sqm together with 2,100 car parking spaces. Optus Centre is one of Australia's largest single tenant office campuses.

Location: North-West Sydney, NSW
Acquisition date: Jul 2000
Ownership/Title: 51%/Freehold
Cost including additions: $176.8 million
Last Independent Valuation
Date: Jun 2017
Valuation: $227.0 million
Valuation $/m2: $5,287/m²
Capitalisation rate: 6.75%
Discount rate: 7.25%
Lettable area: 84,194 m²
Site area: 8 ha
Weighted average lease expiry: 3.5 years
Major Tenants GLA m2
Optus Administration 84,194
  • ^^^ Book value represents Stockland’s 51% ownership interest.