Clarence Property

What Clarence Property does

Clarence Property is an Australian unlisted property fund manager that has operated continuously for 30 years, delivering monthly income distributions to retail and wholesale investors. The firm manages two primary investment vehicles: the Clarence Property Diversified Fund (CPDF), an open-for-investment fund holding over $876M of assets under management diversified across retail, commercial, industrial, medical, childcare, rural, and residential development real estate in Northern NSW and South-East QLD; and the Clarence Property Aged Care Fund (CPACF), a wholesale closed-end vehicle fully allocated to a $90.2M portfolio of four aged care properties leased to Bolton Clarke on triple-net terms with CPI escalations and a 22-year WALE.

The firm's core operating capability combines three layers: a regional property investment platform that sources off-market acquisitions through long-standing broker relationships; a development capability that has delivered master-planned communities including Swell Woolgoolga (210+ homesites), Epiq Lennox, Yamba Quays, Bayside Brunswick Heads, Asana North Boambee Valley (259 lots) and Casuarina Beach, plus commercial assets such as The Base in Robina (Q1 2028 completion); and an in-house asset and fund management operation supported by third-party Boardroom (investor onboarding) and InvestorServe (investor administration) platforms. The investor base comprises both retail investors (CPDF at a $1.10 issue price) and wholesale investors (CPACF).

Revenue is derived from management fees on AUM and performance-related fund returns, residual ownership exposure to property assets generating rental income across a tenant roster that includes Coles, Woolworths, CBA, Services Australia, Centrelink, Yamaha Motor Australia, Visy Industries, Bolton Clarke, and Priceline, and development margins on completed residential and commercial projects. The company is privately held and not listed; ownership remains concentrated with directors, staff, and family who together own more than 9% of CPDF, with no disclosed private equity backing.

Name

Clarence Property

Legal name

Clarence Property Corporation Limited

Website

https://clarenceproperty.com.au

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Clarence Property is an Australian unlisted property fund manager operating for 30 years, managing CPDF (over $876M AUM in retail, commercial, industrial, medical, childcare and rural real estate across Northern NSW and South-East QLD) and CPACF (a wholesale aged care fund). The firm serves retail and wholesale investors with monthly distributions and develops residential and commercial projects.

Ownership category

akta.pro rank

Product category

Real Estate Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531), Investment Advice (6282)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industry

Real Estate Funds — Core (Stabilized, Income) (FSANAEAF)

Keywords

• Property fund management
• Commercial real estate
• Real estate development
• Property investment
• Asset management

Headquarters

HQ city

Toowong

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Fund Management Fees: Clarence Property generates revenue through managing investor funds in its unlisted property funds. The flagship CPDF fund manages over $845M in assets under management, delivering monthly distributions to investors. Revenue is derived from management fees on AUM and performance-related returns.
2. Property Development: The company develops residential communities (e.g., Swell Woolgoolga delivering 210+ homesites) and commercial properties, generating revenue through sales of developed assets and long-term leasing income.
3. Rental Income: Long-term lease arrangements across diverse property portfolio including retail, commercial, industrial, medical, childcare, and rural properties across Northern NSW and South-East QLD.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Clarence Property is an Australian unlisted property fund manager that operates two primary funds: the Clarence Property Diversified Fund (CPDF), an open-for-investment retail and wholesale fund with over $876M in assets under management, and the Clarence Property Aged Care Fund (CPACF), a wholesale-only closed-end fund. The company also develops residential master-planned communities and holds a diversified portfolio of retail, commercial, industrial, medical, childcare, and rural properties across Northern NSW and South-East QLD, generating revenue from fund management fees, rental income, and property development sales.

Product overview

Clarence Property is an established Australian fund manager with 30 years of experience managing unlisted property funds. The company operates two primary investment vehicles: the Clarence Property Diversified Fund (CPDF) - an open-for-investment fund with over $876M in assets under management offering retail, commercial, industrial, and development property exposure; and the Clarence Property Aged Care Fund (CPACF) - a closed-end wholesale fund fully allocated to investors focusing on aged care properties with triple net leases. The property portfolio spans Northern NSW and South-East QLD, comprising retail shopping centres (Yamba Fair, Bell Central, Byron Bay Fair, Epiq Marketplace, Tamar Village), commercial office buildings (The Rocket, The Base, 120 Edward Street, Westlawn Building), industrial facilities (69 Rivergate Place, 96 Tile Street, 18 Macgregor Place), medical centres, childcare centres, and rural properties. The company also operates residential and industrial development projects including Epiq Lennox, Swell Woolgoolga, Yamba Quays, Bayside Brunswick Heads, Asana North Boambee Valley, and Casuarina Beach.

Differentiator

Problem solved

Functional benefit

Brands

• CPDF (Clarence Property Diversified Fund): The company's flagship open-for-investment diversified property fund offering retail, commercial, industrial, and development assets in Northern NSW and South-East QLD.
• CPACF (Clarence Property Aged Care Fund)

Products and services

• Clarence Property Diversified Fund (CPDF) Clarence Property's flagship open-for-investment managed fund with a portfolio of retail, commercial, industrial properties, and residential and industrial development assets predominantly located in Northern NSW and South-East QLD. Currently has over $876M of assets under management and delivers monthly distributions to investors.
• Clarence Property Aged Care Fund (CPACF) A closed-end property fund offering wholesale investors an opportunity to invest in a portfolio of high quality aged care properties secured by triple net leases with CPI increases and a 22 year WALE. Currently fully allocated.
• Swell Woolgoolga

Quantifiable outcome

• 30 years of continuous monthly distribution delivery to investors
• +2 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Boardroom LimitedcoreChannel Partner/ Reseller/ DistributorBoardroom Limited provides the online investment application platform for Clarence Property Diversified Fund. Investors apply through Boardroom's portal at boardroomlimited.com.au/clarenceonlineapps. This is a critical distribution partnership enabling digital onboarding of retail investors.
• InvestorServecoreTechnology or IntegrationInvestorServe provides the investor portal and administration platform for existing Clarence Property investors to access their holdings, statements, and manage their investments. Available at invest.clarenceproperty.com.au.
• Bolton ClarkecoreChannel Partner/ Reseller/ DistributorBolton Clarke is Australia's largest not-for-profit aged care provider and the sole tenant of the Clarence Property Aged Care Fund (CPACF) portfolio. The $90.2M portfolio comprises four high-quality aged care properties in South East Queensland, secured by triple net leases with CPI increases and 22-year WALE.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Primewest: Australian privately-held unlisted property fund manager with comparable diversified asset mix across retail, commercial, industrial, and medical real estate. Closest direct peer in business model, asset-class breadth, and investor distribution approach.
• Elanor Investors Group: Australian real estate fund manager operating unlisted managed funds and real estate-adjacent businesses across retail, hospitality, and commercial assets. Comparable fund-management structure and unlisted vehicle distribution model.
• Sentinel Property Group: Australian unlisted property fund manager focused on retail, commercial, and industrial assets, distributing to retail investors. Very close functional peer to the CPDF offering with multi-asset portfolio approach.
• Folkstone: Australian real estate funds management and investment platform with diversified offerings across listed and unlisted vehicles. Direct comparable on fund management business and mixed asset-class exposure.
• Cromwell Property Group: Australian listed and unlisted property fund manager with diversified portfolios across office, retail, and industrial assets. Operates multiple fund vehicles for retail and wholesale investors, directly comparable to Clarence Property's CPDF/CPACF structure and unlisted-property focus.

Broad incumbents

• Centuria Capital Group: Larger ASX-listed Australian investment manager operating both listed and unlisted real estate funds, healthcare, and capital markets businesses. Directly comparable on unlisted real estate funds but with broader scale and product set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/clarencepropertycorporation
• LinkedInlinkedin.com/company/clarence-property-pty-ltd
• Instagraminstagram.com/clarenceproperty

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clarence Property