Our Story

Founded in the Northern Rivers of NSW

Clarence Property was founded by Northern Rivers’ property agent Peter Fahey in 1994. Beginning with the acquisition of a suite of retail stores in the main street of Grafton, NSW, Peter aimed to build a community-focused portfolio concentrating on generating regular income for investors.

Initially, Clarence Property aimed to collectively mobilise capital on a regional basis to acquire profitable properties and build a property portfolio in which local people in the Northern Rivers community could invest.

Over the next few years, properties including 29 Molesworth Street, Lismore, Yamba Fair and Byron Bay Fair were added to the fund.

In 2002, Clarence Property entered the Brisbane property market, acquiring an office tower at 307 Queen Street. This 29-storey building in the Brisbane CBD offered 20,000 square metres of lettable office space.

In 2014, Clarence Property expanded the Fund into property development with the acquisition of “Epiq Lennox” at Lennox Head. This 80-hectare site showcases the development of 480 homesites, duplex and medium-density lots, as well as a neighbourhood shopping centre (Epiq Marketplace), childcare centre and comprehensive sports fields and amenities.

Today, Clarence Property manages a diversified property portfolio which has grown to include retail, commercial, industrial, medical, childcare, development and rural properties, supported by an investment strategy focused on diversity, sustainability and delivering monthly income.

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Our Values

Over nearly three decades, Clarence Property has grown and diversified its portfolio of properties through a mixture of acquisition and new development. Our goals are two-fold: generating regular property income for our investors, while at the same time preserving the value of the portfolio.

We remain a community-focused, family-owned business and believe our team are the key drivers of our success.

Whilst Clarence Property operates in the metropolitan property space as well as regional markets, we stand by our country values. We manage our properties and service our investors to the highest level of professionalism; we take the time to meet with and talk to our existing and potential investors. Together, we provide places for communities to work, shop and live.

Our Investment Approach

We are committed to delivering monthly income to our investors through a diversified property portfolio. Our team of experienced property and finance professionals work to ensure value and transparency for our investors.

We provide investors with access to diversified property investments without them being burdened with the obligations associated with direct property ownership.

Our Focus on Community

We live where we invest and are committed to improving our local communities through our environmentally-focused developments and local philanthropy.

Clarence Property

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