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Leasing Now Open at ION: Sydney’s First Commercial Life Sciences Precinct

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01 August 2025

Leasing Now Open at ION: Sydney’s First Commercial Life Sciences Precinct

Developed by Kurraba Group and strategically located in the heart of Sydney’s innovation corridor, ION offers a rare opportunity for life sciences and technology-driven organisations to secure specialist lab space and be part of a connected innovation ecosystem.

 

Set for completion in Q1 2028, ION will deliver over 27,000 sqm of lab-enabled space, state-of-the-art infrastructure, and dedicated commercialisation support — all within minutes of the CBD, airport and major research institutions.

 

 

A New Era for Life Sciences Real Estate in Sydney

 

ION is the first project of its kind in Australia — a commercial life sciences precinct that combines advanced infrastructure with curated support for growth-stage and scaling organisations.

 

Designed by globally renowned architects Gensler, the precinct offers flexible lab and office tenancies, incubator and cleanroom facilities, and shared spaces that foster collaboration, knowledge exchange and innovation.

 

With lab-enabled buildings across three addresses on Botany Road and Wyndham Street in Waterloo, ION is strategically positioned within south Sydney’s innovation precinct — alongside institutions like the University of Sydney, Cicada Innovations, Garvan Institute and the Royal Prince Alfred Hospital.

 

 

Lab Space for Lease in the Heart of Sydney’s Innovation Arc

 

ION is now leasing through exclusive agents JLL and CBRE in partnership with Kurraba Group, who bring deep expertise in science and technology real estate.

 

  • Will Hamilton and Steane Davies – JLL

  • Fergus Bowen and Brendan Shipp – CBRE

 

Together with Kurraba Group, the agency team will match ION’s flexible offerings with organisations ready to scale, commercialise, or collaborate within Australia’s growing life sciences sector.

 

 

Key Leasing Features

 

Occupants at ION will benefit from:

 

  • Lab-enabled workspaces – Up to 60% lab space per floor across purpose-designed buildings

  • Flexible floorplates – From 400 to 2,500 sqm, tailored to tenant needs

  • Incubators and cGMP suites – Ideal for biotech startups, CROs and advanced manufacturing

  • Forum collaboration space – A shared hub to spark ideas and connect across disciplines

  • On-site commercialisation support – Including access to capital, regulatory advice, and strategic guidance

  • Sky terraces, end-of-trip facilities and activated retail – Amenities designed for modern science professionals

  • Proximity to research, funding and talent – Located within one of the Southern Hemisphere’s top-ranked innovation ecosystems

 

 

What Sets ION Apart?

 

Unlike traditional commercial developments, ION is specifically designed for the needs of science-led organisations. Whether you’re an early-stage biotech, a medical device manufacturer, or a multinational pharmaceutical company, ION provides:

 

  • Specialist lab infrastructure and utilities

  • Seamless flow between R&D and office functions

  • Access to Kurraba Group’s dedicated venture team for business-building support

  • Embedded connections to academia, investors, and industry peers

  • A thriving ecosystem where innovation is the common language

 

 

Timeline & Availability

 

ION has received planning approvals, with construction scheduled to commence in late 2025 and practical completion in Q1 2028.

 

Pre-leasing is now open, with opportunities available across ION One, Two and Three. Early tenant engagement is encouraged to secure preferred floorplates and specialist fit-outs.

 

 

Ready to Join Australia’s Leading Life Sciences Precinct?

 

ION is set to redefine what’s possible for health and life sciences innovation in Australia. If your organisation is ready for lab-enabled space in a purpose-built ecosystem — now is the time to get involved.

 

For leasing enquiries, contact:

 

Will Hamilton
Head of Office Leasing - NSW, JLL
M: +61 438 213 694
will.hamilton@jll.com

 

Steane Davies
Director, Office Leasing - NSW, JLL
M: +61 433 735 522
steane.davies@jll.com

 

Fergus Bowen
Director, CBRE
M: +61 416 538 727
fergus.bowen@cbre.com

 

Brendan Shipp
Director, CBRE
M: +61 421 714 362
brendan.shipp@cbre.com

 

Or reach out to the team at Kurraba Group to learn more about this landmark life sciences development in Sydney.