A rare and exciting investment opportunity
Targeting 20% IRR (50%+ Return on Equity)*
• Prime location in Shenton Park
• Highly sought-after site
• Architectural, high specification design
• Optimal market timing
• Development approvals substantially progressed
This new residential development will be situated in the heart of Shenton Park and includes 62 apartments and a café
across two buildings. The project provides outstanding housing opportunities to meet strong demand in this
highly sought-after location.
Prime, Strategic Location
- Leafy suburb of Shenton Park 4.5km from Perth CBD.
- One of the top viewed suburbs on realestate.com.au.
- Minutes from Perth’s best beaches.
- Walking distance to train station (75m).
- Surrounded by employment centres such as UWA, three hospitals & Subiaco.
- Only 250m from Shenton College (3rd highest ranked public school).
- On the doorstep of Kings Park.
- Near entertainment hubs – Subiaco & Claremont.
- Excellent variety of amenities. Only 650m from Onslow café strip, 900m from Rosalee Park and 400m from Lake Jualbup.
The Right Product
- Architecturally designed apartment buildings to complement brilliant location.
- Excellent amenities to suit modern apartment living.
- Large, high specification dwellings to satisfy the market.
- Diverse mix of 1, 2 and 3 bedroom apartment types.
- Views of the city and Kings Park from top levels and proposed roof terrace.
* Forecast distributions are not promised nor guaranteed and are based upon a number of assumptions. Their achievement is subject to risks. The target return is a target only, not a forecast and it might not be achieved. Please refer to the Information Memorandum (IM) for more information, noting the section on financial information and risks. The target return range is a target only, not a forecast and it might not be achieved. Targets and projections are based upon a number of assumptions as to future events (please refer to the Information Memorandum for more details) which should not be relied upon as an indication of future performance. Any investment is subject to a number of risks and if actual events do not match the assumptions or if a risk materialises, then this may have an impact the value your investment. Please read the Information Memorandum before investing. Investment only available to wholesale investors as defined under the Corporations Act. Pendragon Capital Pty Ltd AFSL: 237549
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