Unveiling of last building in $400m Macquarie Rise development

Macquarie Rise Urban Village artist impression. Images: Supplied

The last apartments in a $400m development in Sydney’s northwest known as Macquarie Rise have been released following the sale of 125 units within the complex over the past two years.

Mixed-use development Macquarise Rise was launched in late 2023 by developer Toga and includes multiple buildings.

The final building known as Saunders Rise will comprise one-, two- and three-bedrom units with green outlooks. There will also be eight exclusive luxury penthouse apartments.

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Macquarie Rise Exterior Precinct

Toga managing director Allan Vidor said there was strong ongoing buyer interest in the project.

“We have long been advocates of Macquarie Park,” he said, noting that Toga will have built 1,000 apartments in the area once Macquarie Rise is complete. Mr Vidor said it was “a thriving precinct”.

The development has attracted a diverse range of buyers, including first-home buyers, investors and downsizers. The largest buyer group, owner-occupiers, accounted for 65 per cent of purchasers.

Macquarie Rise kitchen dark scheme

The development is nearby Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro.

Residents will also have access to Club Rise, an exclusive, residents-only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and breakout areas, a pilates studio, gym, and karaoke room. The development will also feature a 20m lap pool.

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Kitchen light scheme

General manager of sales Anthony Falas said they were expecting the latest apartments release to be popular.

“With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Rd, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400m and is expected to be completed early 2027.

A total of 268 apartments are at Macquarie Rise development with 94 of these as part of the release for Saunders Rise.

Living and MPR Study

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