CBRE and JLL are pleased to offer for sale a 100% freehold interest in 1 Lucknow Road and 10-12 Julius Avenue, North Ryde. The site comprises three adjoining titles spanning circa 24,480 sqm of E3 Productivity Support Zoned land improved by a 19,964 sqm multi tenanted campus style facility. The estate spans across 5 freestanding buildings comprising office and laboratory accommodation.
The assets are located in North Ryde at the heart of the Macquarie Park Innovation District, widely recognised as Australia’s original and most established life sciences precinct.
Key Investment Highlights include:
+ Secure Net Income: $5,269,681 per annum, considered below market levels
+ Potential Fully Leased Net Market Income: $9,531,724 per annum, with the ability to be accessed in the short to medium term
+ Staggered WALE: Enables the capture of near‑term rental reversion while preserving a clear redevelopment optionality from Q3-2029
+ Strategic Locations: Strategically located directly opposite the new Sydney Water facility (former CSIRO site) anchoring the location as a prime life sciences precinct.
*All figures approximate & as at 1 August 2026
NABERS Ratings:
+ 12 Julius Avenue Building A: 2.5-Star NABERS Energy & 3.0-Star NABERS Water
+ 12 Julius Avenue Building B: 3.0-Star NABERS Energy & 4.0-Star NABERS Water
+ 10 Julius Avenue: 3.0-Star NABERS Energy & 1.0-Star NABERS Water
+ 10A Julius Avenue: 0.0-Star NABERS Energy & 0.0-Star NABERS Water
+ 1 Lucknow Road: Exempt
The property is offered for sale via Expressions of Interest closing Thursday 16 July at 4pm (AEST).
Remember to mention you found this property on CommercialReady
CBRE and JLL are pleased to offer for sale a 100% freehold interest in 1 Lucknow Road and 10-12 Julius Avenue, North Ryde. The site comprises three adjoining titles spanning circa 24,480 sqm of E3 Productivity Support Zoned land improved by a 19,964 sqm multi tenanted campus style facility. The estate spans across 5 freestanding buildings comprising office and laboratory accommodation.
The assets are located in North Ryde at the heart of the Macquarie Park Innovation District, widely recognised as Australia’s original and most established life sciences precinct.
Key Investment Highlights include:
+ Secure Net Income: $5,269,681 per annum, considered below market levels
+ Potential Fully Leased Net Market Income: $9,531,724 per annum, with the ability to be accessed in the short to medium term
+ Staggered WALE: Enables the capture of near‑term rental reversion while preserving a clear redevelopment optionality from Q3-2029
+ Strategic Locations: Strategically located directly opposite the new Sydney Water facility (former CSIRO site) anchoring the location as a prime life sciences precinct.
*All figures approximate & as at 1 August 2026
NABERS Ratings:
+ 12 Julius Avenue Building A: 2.5-Star NABERS Energy & 3.0-Star NABERS Water
+ 12 Julius Avenue Building B: 3.0-Star NABERS Energy & 4.0-Star NABERS Water
+ 10 Julius Avenue: 3.0-Star NABERS Energy & 1.0-Star NABERS Water
+ 10A Julius Avenue: 0.0-Star NABERS Energy & 0.0-Star NABERS Water
+ 1 Lucknow Road: Exempt
The property is offered for sale via Expressions of Interest closing Thursday 16 July at 4pm (AEST).
Remember to mention you found this property on CommercialReady
10 Julius Avenue, North Ryde, NSW, 2113
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