One of the last remaining raw development sites within Macquarie Park, a substantial 2,780sqm*, freehold development site for sale via an Expressions of Interest campaign run by Cameron Fitzgerald, Grant Bulpett and Dominic Ong of Knight Frank on behalf of the vendor, Transport for NSW.

The property at Lot 10 Talavera Road, which can accommodate up to 9,730sqm of mixed-use GFA, will be taken to the market this week via an Expressions of Interest campaign run by Cameron Fitzgerald, Grant Bulpett and Dominic Ong of Knight Frank on behalf of the vendor, Transport for NSW.

The site’s B4 – mixed-use zoning can accommodate a range of uses including (but not limited to) shop top housing, hotel or motel accommodation, commercial premises and boarding houses.

The property has no improvements and has historically been used as a Roads and Maritime Services depot.

It is prominently located at the intersection of three major roads being Talavera Road, Herring Road and the M2 Motorway, 360m* from Macquarie University Station, which is being converted to a Sydney Metro Station.

Upon completion of the City and Southwest line in 2024 the Metro will provide additional connectivity from Macquarie University through to North Sydney (15 min*), Barangaroo (18 min*), Martin Place (20 min) and Pitt Street (22 min*).

Mr Fitzgerald said the property was expected to generate significant interest from a range of developers, being a quality site in a well-located area of Macquarie Park directly opposite the Macquarie Shopping Centre.

“This is one of the last raw development sites within the booming Macquarie Park, and with a range of potential development outcomes, it has great investment potential and will attract both local, interstate and even potentially overseas buyers,” he said.

“It is an outstanding opportunity to acquire a large freehold site within the exciting growth market of Macquarie Park, located 20 kilometres* from the Sydney CBD.

“There is high demand for well-located development sites within Sydney, but throughout the North Shore there are limited opportunities of this scale, certainly on a freehold basis, so we expect it will be highly sought after.

“It sits in the strategic heart and major employment area of one of the world's most dynamic cities and offers an astute developer a significant hold on the growth story that is the Sydney economy.”

Mr Bulpett said: “The Macquarie Park population is forecast to increase by 140 per cent* between 2021 and 2041, with the number of residents set to reach 38,900.

“Supported by significant existing and ongoing infrastructure investment from both the public and private sector, Macquarie Park has developed rapidly in the last decade.

“This has resulted in a vibrant, modern mixed-use urban precinct comprised of high-quality residential stock, a destination high-quality sub-regional retail centre and a host of national and international corporate occupiers.

“The ongoing transformation and population growth will continue to deliver a rejuvenated Macquarie Park that offers tenants and residents a high level of amenity, increased connectivity and a cosmopolitan lifestyle.

“With major road, rail and bus links, this asset is located within easy reach of the city, major commercial areas and a young, highly educated workforce.”

The Expressions of Interest campaign for the property at Lot 10 Talavera Road will close at 3pm (AEST) Tuesday, May 11 2021 and will be followed by a select tender process.

*Approx - Source: ID Community: https://forecast.id.com.au/ryde/about-forecast-areas?WebID=130

To request a copy of the Information Memorandum please email either of the marketing agents via the below contact forms