The Goodman group has sold a recently completed project at 8 Khartoum Road, Macquarie Park for $95.3 million. The purchaser was local investor, Ogen Nominees Pty Ltd, a private company owned by Herman Melkman of Rose Bay. The property had been held by the Goodman Australia Industrial Fund, an unlisted property fund established in December 2005, which was managed by Goodman Funds Management Ltd.
According to Macquarie Park Cityscope, 8 Khartoum Road is a 12,000 sqm, seven-storey commercial building with three levels of basement parking for 250 cars plus a ground level cafe. The project included the construction of a new road and pedestrian link on the site. The estimated cost of the build was $29 million at the time of DA lodgement in 2013. Anchor tenant Fuji Xerox has leased almost the whole building until May 2027 with a further option of 5 years.
The site, which was then comprised of Macquarie Corporate Park Building C, a two-storey brick office building with high clearance warehouse/factory units, traded at $4,950,000 in 2003 and was transferred between related Goodman companies at $5,600,788 in 2008.