02-2-Banfield-Road-Macquarie
01 2 Banfield Road Macquarie

2 Banfield Road

2 BANFIELD ROAD MACQUARIE PARK, SYDNEY PURCHASED OFF MARKET
ACQUISITION PRICE $144,125,000
ACQUISITION DATE DECEMBER 2020
ARTIFEX ROLE ASSET MANAGER

A freehold ‘A’ Grade 12 storey office building with a total NLA of 14,600sqm and four levels of basement car parking with 280 car parking spaces. The property is located on the corner of Banda Road and the newly created Banfield Road within the metropolitan office market of Macquarie Park, approximately 16 kilometres north west from the Sydney CBD. The property is targeting a 5 Star Green Star rating, 5 Star NABERS energy rating. There have been multiple pre-commitments including (but not limited to): Schneider Electric (55.9% of NLA), Biogen (10.3% of NLA) and Endotherapeutics (5.5% of NLA).

 

Acquired as a long term core asset the strategy is to ensure income is optimised and ESG credentials maximised and promote great tenant relationships to ensure a strong ongoing WALE.