Clarence Property is pleased to be launching a new fund that presents wholesale investors with an opportunity to invest in a portfolio of high quality properties, secured by triple net leases with CPI increases and a 22 year WALE – Clarence Property Aged Care Fund.
The Fund is a closed-end property 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.
The portfolio comprises four aged care properties located in the high growth SEQ market and is leased to Bolton Clarke, Australia’s largest not-for-profit aged care operator. The assets provide exposure to a heavily undersupplied sector and are being acquired at a 57% discount to replacement cost.
Key Highlights:
- Regular Monthly Income
- Long WALE, Rental Growth and Triple Net Leases
- Tax-Deferred Distributions
Visit Clarence Property Aged Care Fund | Wholesale Property Fund to register to receive the detailed Information Memorandum and Investor Pack. For Wholesale Investors Only.
