Cushman & Wakefield together with CBRE are pleased to offer to offer for sale a 100% freehold interest in 60-66 Waterloo Road.
Investment Highlights
HIGH QUALITY ASSETS
A 100% Freehold interest in two modern assets on a large single site, comprising a total NLA of17,407 sqm with a sought after carparking ratio of 1:35 sqm.
AUSTRALIA’S LEADING LIFESCIENCES PRECINCT
Macquarie Park is Australia’s largest non-CBD office market and has developed into
the premier Life Science and Healthcare hub in Australia. This location is home to over 180 LifeScience, Technology and digital corporations*.
60 WATERLOO ROAD – ESTABLISHED LIFE SCIENCEFACILITY
Highly sought after tenant use in corporating extensive laboratory space together with complementary recording offices and warehouse.
66 WATERLOO ROAD – MULTILET TO MEDICAL TECHNOLOGY & PHARMACEUTICAL COVENANTS
Accommodating global covenants such as Johnson & Johnson, Becton Dickinson and Yokogawa, the asset provides a 3.4year WALE (by income) and features a new 10 year lease over the ground floor.
STOCK WITHDRAWALS TOPROPEL GROWTH
Identified as a Transport Oriented Development (TOD) Accelerated Precinct**, there is forecast to be significant stock withdrawals of existing office assets, which is forecast to compress the vacancy rate below the previous cyclical low and priming the market for strong rental growth*.
STRATEGIC LANDHOLDING
1.852 hectare site with dual street frontages in a prime position between Lane Cove Road, Macquarie Centre and the new Metro Stations, the site is under-developed relative to its FSR planning control of 1.5:1, presenting long-term optionality***.
* CBRE Research, Q2 2025
** NSW Government
*** Ryde Local Environment Plan
For further information, please contact the Joint Exclusive selling agents:
Cushman & Wakefield
Jack Harrison - 0415 844 22
Mark Hansen - +65 9391 5446
CBRE
Mitch Noonan - 0423 931 119
James Parry - 0408 553 000
