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Available to wholesale INVESTORS only

Clarence Property Aged Care Fund

We are delighted to present investors with a rare opportunity to invest in a portfolio of high quality properties, secured by triple net leases with CPI increases and a 22 year WALE.

7.50%

Forecast Average Distribution

Year Wale

Monthly

Distributions

Triple

NET LEASES

Why invest in the Clarence Property Aged Care Fund (CPACF)

Fund Overview

The Clarence Property Aged Care Fund is a closed-end fund offering wholesale investors a return in the form of regular monthly income and forecast capital gains.
The fund is forecast to pay a distribution of 7.10% p.a. in year one and an average 7.50% p.a. over the five to seven year investment term.
Located in the high growth SEQ market and leased to Bolton Clarke, Australia’s leading not-for-profit operator in the aged care industry.
The portfolio offers access to a heavily undersupplied asset class at a 57% discount to replacement cost.

Investment Highlights

Regular Monthly Income

Forecast distribution of 7.10% p.a. in year one and averaging 7.50% p.a. over the five to seven year investment term.

Tax-Deferred Distributions

The Fund is forecast to distribute 100% tax-deferred distributions for each financial year from 2026 to and including 2029. Over an assumed 5-year investment term, it is anticipated that approximately 83% of total distributions to investors will be tax-deferred.

Long WALE

The properties are secured by 25 year leases, with 22 years remaining and 2 x 10 year options.

Rental Growth

The leases provide for annual CPI rental increases and cannot be less than the prior year's rent (ratcheted).

Triple Net Leases

The tenant is responsible for all outgoings, capex (excluding structural) and land tax (which does not currently apply to aged care property).

Tenant

Fully leased to Bolton Clarke, Australia’s largest independent not-for-profit provider who operates 88 aged care facilities and 43 retirement communities across VIC, NSW, QLD and WA.

Locations

The four properties are in high growth South East Queensland locations with ageing populations and increasing median house prices.

Supply Shortage

The aged care sector has seen demand for beds rise by 5,500 (nationally) in the past year, while net supply only increased by 578.

Below Replacement Cost

The portfolio is being purchased at an average cost of $191k per bed, a 57% discount to replacement cost estimated at $450k per bed.

Land Rich

Collectively the sites total 40,728m2, supporting the portfolio’s strong underlying value.

Cleveland

111-115 Smith Street, Cleveland

Burleigh Waters

10 Executive Drive, Burleigh Waters

Buderim

383 Mooloolaba Road, Buderim

Beerwah

96-104 Peachester Road, Beerwah

About Clarence Property

Clarence Property Corporation Limited is the Trustee and Investment Manager of the Fund.

Clarence Property is an experienced investment manager with a strong and consistent track record of successful funds management, property investment, asset management and development.

This success is delivered by an experienced team with extensive capabilities in the acquisition, disposal, development and management of retail, commercial and industrial properties and residential and industrial sub-divisions, predominantly in Northern New South Wales and South East Queensland.

Clarence Property currently has in excess of $900 million of real estate assets under management, and has been delivering strong returns to investors for over 30 years.

For more information about Clarence Property please visit our website at www.clarenceproperty.com.au

Expression of Interest

Register for your Clarence Property Aged Care Fund Investor Pack

By providing your email address and mobile number you are consenting to receive important information about your account including statements, transaction confirmations, significant event notices, education and market updates via email, your account online, SMS, mobile phone app or other electronic means. You are also consenting to receive marketing communications about our products and services.

Disclaimer: ‘Clarence Property’ includes Clarence Property Aged Care HT Pty Ltd ACN 693 625 062 corporate authorised representative (CAR 1319626) of Bentleys (QLD) Advisory Pty Ltd ACN 057 135 636 AFSL 274444. Any information or advice is general advice only and has been prepared by Clarence Property for individuals identified as wholesale investors for the purposes of providing a financial product or financial service under Section 761G or Section 761GA of the Corporations Act 2001 (Cth). Any information or advice does not take into account your particular objectives, financial situation or needs. You should obtain your own personal financial advice from a qualified financial advisor before making any investment decision.

All investment is subject to investment risk, including possible delays in payment or loss of income and principal invested. Any forecasts or figures provided in relation to the Fund are indicative only and subject to change. For more information on key risks, refer to the IM and Supplementary IM for CPACF. Clarence Property and its associates, related entities, officers and directors do not give any guarantee as to the performance of the Fund or any of its sub-trusts. Past performance is not a reliable indicator of future performance.

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