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Colliers, as exclusive selling agents are pleased to present to the market for sale, 5 Byfield Street, Macquarie Park, presenting an exclusive opportunity to acquire a 4,605m² land holding, positioned at the forefront of the transforming Macquarie Park Innovation Precinct.
Incorporating an existing building area of 1,855m² across clear span warehousing and modern office accommodation, the property presents the opportunity to either invest, occupy or develop. Underpinned by E2 Commercial Centre zoning with an incentivised floor space ratio of 2:1 and a maximum building height of 45 metres, a potential gross floor area of 9,210m² can be leveraged under a number of different development scenarios, including vertical self-storage, industrial and commercial vertical strata, build to rent (BTR), student accommodation, medical, hotel and commercial uses.
Key Development Highlights:
- A substantial 4,605m² site within the Macquarie Park precinct, a historically tightly held market with limited opportunities of this scale.
- High-quality 1,855m² freestanding industrial building, incorporating high clearance warehousing, currently utilised as an open-plan auditorium, complemented by two levels of modern office accommodation.
- Stable holding gross income of $534,706 per annum with the ability for substantial reversion in the short term.
- Incentivised planning controls allow for a Floor Space Ratio of 2:1 underpinned by a generous 45 metre building height limit, providing significant upside and a potential Gross Floor Area of 9,210m² (STCA).
- As the Macquarie Park mixed-use rezoning comes to fruition, a large number of existing industrial and commercial occupiers will become displaced, presenting strong demand prospects in the immediate precinct.
5 Byfield Street, Macquarie Park is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) on Wednesday, 25th June 2025.
All figures are approximate.
Remember to mention you found this property on DevelopmentReady
Colliers, as exclusive selling agents are pleased to present to the market for sale, 5 Byfield Street, Macquarie Park, presenting an exclusive opportunity to acquire a 4,605m² land holding, positioned at the forefront of the transforming Macquarie Park Innovation Precinct.
Incorporating an existing building area of 1,855m² across clear span warehousing and modern office accommodation, the property presents the opportunity to either invest, occupy or develop. Underpinned by E2 Commercial Centre zoning with an incentivised floor space ratio of 2:1 and a maximum building height of 45 metres, a potential gross floor area of 9,210m² can be leveraged under a number of different development scenarios, including vertical self-storage, industrial and commercial vertical strata, build to rent (BTR), student accommodation, medical, hotel and commercial uses.
Key Development Highlights:
- A substantial 4,605m² site within the Macquarie Park precinct, a historically tightly held market with limited opportunities of this scale.
- High-quality 1,855m² freestanding industrial building, incorporating high clearance warehousing, currently utilised as an open-plan auditorium, complemented by two levels of modern office accommodation.
- Stable holding gross income of $534,706 per annum with the ability for substantial reversion in the short term.
- Incentivised planning controls allow for a Floor Space Ratio of 2:1 underpinned by a generous 45 metre building height limit, providing significant upside and a potential Gross Floor Area of 9,210m² (STCA).
- As the Macquarie Park mixed-use rezoning comes to fruition, a large number of existing industrial and commercial occupiers will become displaced, presenting strong demand prospects in the immediate precinct.
5 Byfield Street, Macquarie Park is offered for sale via an Expressions of Interest (EOI) campaign closing at 3:00pm (AEST) on Wednesday, 25th June 2025.
All figures are approximate.
Remember to mention you found this property on DevelopmentReady
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