Sydney's Largest Non-CBD Office Precinct
Macquarie Park
Macquarie Park is Sydney's largest non-CBD commercial precinct and one of Australia's most important technology and innovation hubs. Home to global firms including Microsoft, Optus, Johnson & Johnson, and Foxtel, the precinct offers A-grade office space with modern amenities, strong transport links via Sydney Metro, and a growing mixed-use environment anchored by Macquarie University.
Market Overview
Macquarie Park continues to evolve as Sydney's premier technology and innovation corridor. New supply completions have elevated vacancy levels, but well-located A-grade stock near Metro stations continues to attract quality tenants. The flight-to-quality trend is creating opportunities for tenants to upgrade at competitive rates.
Outlook
The elevated vacancy creates opportunities for tenants seeking quality space at competitive rates. As new supply is absorbed and development activity slows, conditions are expected to gradually tighten. Well-positioned assets near Metro stations will outperform.
Key Market Trends
Vacancy levels remain elevated, creating opportunities for tenants seeking quality space
Sydney Metro driving a flight to quality, with tenants upgrading to A-grade near stations
New supply completions adding to short-term availability
Attractive incentive levels for A-grade space, making it a strong tenant market
Transport & Connectivity
metro
- Macquarie University
- Macquarie Park
bus
- Major bus interchange
road
- M2 Motorway
- Lane Cove Tunnel
Explore opportunities in Macquarie Park with GJS
For further information on available properties and market opportunities, reach out to our local team.
