Eureka Core Property Fund 3 was established in July 2006 with equity commitments totalling in excess of $445 million. It is an unlisted unregistered managed investment scheme with a 10 year life and is closed to new equity commitments.
The investment strategy of the Fund is to invest in a broad range of real estate assets across Australia and New Zealand that predominantly produce returns in the form of income. This includes exposure to major real estate sectors such as office and retail together with emerging real estate sectors such as hotels and car parking. The strategy has enabled the Fund not only to invest in core type assets, that typically produce stable returns, but also includes a portion of investments that provide certain value add opportunities.
The gross assets of the fund were valued as at 30th June 2009 at approximately $550 million. The investment period of the Fund officially closed on 28 February 2009. Therefore no further assets will be aquired by the Fund.
The property is located in the recently re-developed Honeysuckle precinct of Newcastle, overlooking Newcastle Harbour. The building is comprised of 4 levels of quality office accommodation, with its main frontage to Wharf Road overlooking Newcastle Harbour. Additionally, there is a basement car park catering for 52 vehicles. |
The property is located in the recently re-developed Honeysuckle precinct of Newcastle. The building comprises 6 levels, split between car park and office accommodation. The lower 4 levels of the building are comprised of car park spaces. |
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The Four Seasons Hotel is an iconic Australian The Four Seasons Hotel offers a variety of food and beverage outlet options including Kable's fine dining restaurant, The Café, The Bar and The Cabana pool side bar. The Hotel also features one of Sydney’s finest conferencing and function facilities which includes a pillarless Grand Ballroom that holds 600 people for dinner or 1,000 people for theatre style conferencing. |
The Grand Plimmer Complex comprises a 21-level office building (including 4 levels of retail), a 13-level 132 room free-standing Travelodge Hotel, and a separate multi-level car park facility comprised of 11 part levels totalling 623 bays. The complex sits on the fringe of the core precinct of the Wellington CBD with frontages to Gilmer Terrace and to Boulcott Street, with a principal frontage to the Plimmer Steps. The complex itself is within walking distance of the harbour and city retail precincts. The Travelodge Hotel has recently completed a full renovation of all the guest rooms and public areas. The office complex is currently undergoing a major refurbishment to upgrade the public access areas. |
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This property is a modern "A grade" office building completed circa 1989, comprising two and a half levels of basement car parking for 204 cars and 15 levels of office accommodation and having a total net lettable area of 15,180 m². The property is situated on the northern side of Albert Avenue in Chatswood, approximately 9 kilometres north of the Sydney CBD. The elevated plaza provides direct pedestrian access to the Mandarin Centre (an adjacent retail centre) and the recently completed Chatswood Transport Interchange. |
The property is located on the western side of Blues Point Road in the harbourside suburb of McMahons Point. A commercial office building totally refurbished in 1992/1993 and comprising 7 levels of approximately 4,200 sqm of quality office accommodation, the property's elevated position provides for extensive views across Lavender Bay and the Harbour Bridge. Additionally, the carpark facilities on level 2 caters for 27 cars. The ground floor includes three retail tenancies. |
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The property is a landmark premium grade office tower, car park and major retail centre located in the heart of the North Sydney CBD. The property comprises a 36,700 m² premium office tower over 28 floors which has recently undergone a $40million refurbishment, 8,700 m² shopping centre with 106 tenancies, with direct pedestrian access to the North Sydney Railway Station, and a 530-bay car park. |
The Crowne Plaza Hotel, Christchurch is a 4.5 star hotel that is prominently located on the corner of Durham and Kilmore Street. The site is located on the link route between the Christchurch CBD core and the airport. Nearby attractions include the Christchurch Convention Centre, Town Hall, the River Avon, Victoria Square and boutique shops along Victoria Street. The property comprises 298 rooms, 3 restaurants and bars, club lounge and basement parking for 250 vehicles. |
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