Aspen Group has settled on the purchase of the Port Augusta Big 4 Holiday Park in South Australia, for the Aspen Parks Property Fund.
Aspen bought the property earlier this month for $6.15 million.
The purchase brings to 14 the number of properties owned by the fund. With assets under management in excess of $100 million the Fund is well on track to achieve its objective of $150 million in assets by July 2009.
By Kathryn O’Meara
