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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.
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