Carpe Diem Partners (the direct property arm of Fat Prophets) in JV with RedHill Hospitality is pleased to advise our third regional accommodation fund is now open for investment to wholesale investors and is SMSF compliant.
RRAF3 is investing in regional motels and targeting 8.5% average distribution yield (paid quarterly) to investors over the investment term and target 10% p.a. IRR.
Our first two RRAF’s have recorded either double digit annual yield and/or double digit asset capital value growth since inception.
RRAF3 is seeded by two core properties in the major regional cities of Cairns and Armidale offering over 100 rooms, high property yield, upside opportunity, and a renovation repositioning potential.
Upon registration you will receive confirmation and we will email you the full RRAF3 Information Memorandum and application forms for review. We take your privacy seriously. Submitting your details consents to our privacy policy
Important notice: This offer is available for Sophisticated (Wholesale) Investors only, as defined by Sections 761G and 761GA of the Corporations Act 2001.
* A sophisticated or wholesale investor is defined by the Corporations Act as someone who either has at least $2.5M of net assets, OR has had at least $250,000 of annual income for the past two years, OR someone who is investing over $500,000 into the Fund.