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NL Property Trust - Burke Crescent North Lakes QLD

NL Property Trust - Fully Subscribed

Investment
The Asset

The Centre is a single-storey retail complex located on Burke Crescent, North Lakes approximately 34km north of the Brisbane CBD, offering excellent connectivity to major transport routes including the Bruce Highway and Anzac Avenue.

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The property site area is approximately 18,340m² with a total Net Lettable Area (NLA) of 7,971m². It provides 232 on-site car parking spaces, offering a strong parking ratio of 1:34, supporting high customer convenience.

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The Centre comprises of 15 retail tenancies and showcases a strong mix of national brands, including 99 Bikes, X-Golf, Nutrition Warehouse, and The School Locker. This diverse tenancy mix spans from health and wellness providers, specialty retailers, and professional services, effectively catering to the needs of a wide local demographic.

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Key Stats
Address:
4-8 Burke Crescent, North Lakes, Queensland 4509
Property Settlement:
March 20, 2019
tenants:
99 Bikes, X-Golf, Nutrition Warehouse, The School Locker & 10 others
WALE:
4.52 years
Gearing:
46%
Investment Term:
5 years + 5 year extension
Targeted Return:
8.70% P.A
Note: Figures correct as at 30 September, 2025
View Investment
NL Property Trust - Burke Crescent North Lakes QLD
NL Property Trust - Burke Crescent North Lakes QLD
NL Property Trust - Burke Crescent North Lakes QLD
NL Property Trust - Burke Crescent North Lakes QLD
NL Property Trust - Burke Crescent North Lakes QLD
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