Eureka Funds Management
 
  Funds  
   
Eureka Property Fund No.1
 
 
 

Eureka Property Fund No. 1 is an unlisted wholesale property trust, established on 28 June 2004.

The Fund closed to investor commitments on 2 July 2004 having secured $133 million from wholesale investors.

The investment strategy of the Fund is to achieve a minimum return on equity over its target seven year life of 18% per annum through the development of properties across a range of property sectors and locations in Australia. 

The Fund’s period of investment into various property developments concluded in December 2006 with the Fund having committed to the following 15 developments.


Braemont Estate, Kellyville, NSW

Location:   Kellyville Ridge, NSW
JV Partner:   Australand Holdings Limited
Project Type:   Residential housing and land development
Land Area:   18 hectares
Lots:   301 (130 land lots, 170 house and land lots, 1 open space)
Stages:              7
 

Kirkwood Road, Gladstone, QLD

Location:   Gladstone, QLD
JV Partner:   Buildev Group
Project Type:   Residential land development
Land Area:   112 hectares
Lots:   750
Stages:              12



Blue on Blue Resort,
Magnetic Island, QLD

Location:

  Magnetic Island, QLD
Project Type:   Resort, apartments
and marina
Apartments:   158
Marina Berths:   106
Stages:              3
 

Drysdale,
VIC

Location:   Drysdale, VIC
JV Partner:   DNA Property Group
Limited
Project Type:   Residential land development
Land Area:   43 hectares
Lots:   498



Cockburn Road, Port Coogee, WA

Location:   Port Coogee, WA
JV Partner:   Australand Holdings Limited
Project Type:   Residential land and apartment development
Land Area:   130 hectares
Lots:   322 housing lots
plus 64 apartments
Stages:              4
 

North Goulburn Business Park, NSW

Location:   Goulburn, NSW
Project Type:   Industrial land development
Land Area:   170 hectares
Lots:   26
Stages:              3



CentraPARK, Yatala, QLD

Location:   Yatala, QLD
JV Partner:   APN Funds Management
and Buildev Group
Project Type:   Industrial land development
Land Area:   77 hectares
Lots:   68
Stages:              4
 

CentraPARK Rutherford, NSW

Location:   Rutherford, NSW
JV Partner:   Buildev Group
Project Type:   Industrial land development
Land Area:   38 hectares
Lots:   40
Stages:              4



CentraPARK Coolum, QLD

Location:   Coolum, QLD
JV Partner:   APN Funds Management
and Buildev Group
Project Type:   Industrial land development
Land Area:   62 hectares
Lots:   147
Stages:              8
 

Peachey Road, Yatala, QLD

Location:   Yatala, QLD
JV Partner:   Buildev Group
Project Type:   Industrial land development
Land Area:   30 hectares
Lots:   62
Stages:              5



Paget, Mackay, QLD

Location:   Paget, QLD
JV Partner:   Buildev Group
Project Type:   Industrial land development
Land Area:   23 hectares
Lots:   54
Stages:              3
 

CentraPARK Port Stephens, NSW

Location:   Port Stephens, NSW
JV Partner:   Buildev Group
Project Type:   Industrial land development
Land Area:   10 hectares
Lots:   38
Stages:              3



Centra Bromelton, Beaudesert, QLD

Location:   Beaudesert, QLD
JV Partner:   Buildev Group
Project Type:   Industrial land development
Land Area:   747 hectares
 

Ella Glen, Mackay, QLD

Location:   Mackay, QLD
JV Partner:   Buildev Group
Project Type:   Residential land
development
Land Area:   5 hectares
Lots:   52
Stages:              2

 

North Medowie, NSW

Location:   North Medowie, NSW
JV Partner:   Buildev Group
Project Type:   Residential land development
Land Area:   126 hectares
Lots:   >1,000
   

*Lots and number of stages are subject to change







 

 
   
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