CONSTRUCTION is underway on TOGA’s latest Macquarie Park precinct, the $400 million mixed-use Macquarie Rise, which is set to deliver 268 new apartments to the area.
Located at 122 Herring Road, Macquarie Rise will comprise a two-storey podium with commercial office, retail spaces, and residential lobby areas, with three residential towers from 12 to 14 storeys with one- to four-bedroom apartments.
With architecture by Turner Studio and interiors by hotel specialist Stack Studio, many of the apartments will boast an increasingly popular multi-purpose room in addition to the bedrooms.
While resident amenities will include Club Rise, a club lounge with work and study areas, a 20-metre lap pool, a Pilates studio, a gym and a cinema room.
“The early sales success of Macquarie demonstrates the growing appetite for flexible, high-quality apartment living in Sydney’s wider city centres. Buyers from all over Sydney are increasingly drawn to areas like Macquarie Park, which offer a perfect blend of city living and residential tranquillity,” said Allan Vidor, managing director at TOGA.
Macquarie Rise sits just 500 metres from Macquarie University, Macquarie Centre shopping centre and Macquarie University Metro Station, offering direct connectivity to Sydney’s CBD and Barangaroo.
TOGA already boasts almost 1,000 apartments built across its Macquarie Park developments which include One Twenty Macquarie, Macquarie Central and Macquarie Green.
While just last month, the developer completed the residential component at its mixed-use community in Surry Hills, Surry Hills Village.
Macquarie Rise is being delivered in partnership with Baptist Union NSW and Morling College.
With a project value exceeding $400 million, the development construction phase is scheduled for a 2027 completion date.