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  • Abacus Fern Bay Fund


    THIS FUND IS CLOSED TO NEW INVESTMENT

    Abacus Fern Bay provides investors with:       

    • Indirect ownership of 26 hectares of coastal land 17 kilometres north of Newcastle, NSW;
    • A homes park designed primarily for seniors and retirees, comprising approximately 470 residential tenancies with conditional development consent to increase to 595 tenancies;
    • Current yield of 8.25% per annum with significant tax deferral;
    • Monthly distributions paid direct into your bank account; and
    • Prospects for capital growth through appreciation in the value of the underlying land.

     

     Fern Bay

    Fund facts

    Fund size

     $20 million

    Portfolio

    Homes park on 26 hectares
    of coastal land

     

     

    FY10 Yield

    8.25%

    FY10 Tax Deferral

    100%

    Distributions

    monthly