Affordable accommodation provider Aspen Group has bought the Darwin FreeSpirit Resort in the Northern Territory for $19.5 million.
The purchase reflects an initial yield of around 10 per cent excluding acquisition costs.
Loading...
Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
