CSIRO tests the market with $250m site listing
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Investors are underpinning demand for large-scale developments and strategic deals across Sydney and Melbourne.
The long-time North Ryde, Sydney home of the CSIRO is poised to hit the market by the owner Aqualand, paving the way for a major redevelopment opportunity. Price expectation are more than $250 million, with flexible rental guarantees available for up to five years.
A large-scale data centre, life sciences or build-to-rent project are among potential development options for the landmark 11-14 Julius Avenue property, which will be marketed internationally through CBRE’s Jason Edge, Chris O’Brien, Sharon Yang and Michael Andrews.
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