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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
Date:Jun 2018
Valuation:$229.5 million
Valuation $/m2:$5,345/m² *
Capitalisation rate:6.50%
Discount rate:7.00%
Lettable area:84,194 m²
Site area:8 ha
Weighted average lease expiry:4.0 years
Acquisition date:Jul 2000
Ownership/Title:51%/Freehold
Cost including additions:$177.1 million
Major TenantsGLA m2
Optus Administration84,194
Footnotes
  • * 100% interest.
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