The Burke Street Fund is a single asset fund, with a property comprising two commercial buildings. The site is opposite Princess Alexandra Hospital within a short walking distance to Park Road Railway Station and the new Boggo Road Metro and Cross River Rail Stations under construction.
This asset enjoys growing long-term income secured by two prime tenant covenants.
- Queensland Government (leased to 2025) with opportunities for expansion and lease extension given proximity to Princess Alexandra Hospital
- Catholic Education (leased to 2029) with material capital expenditure invested into the premise in 2019
The Catholic Education Building was originally constructed circa 1990 and has undergone numerous additions and modifications since. It was converted into commercial offices in 2000, extensively refurbished in 2011 and 2019.
