PFM Tarneit Syndicate
Tarneit is ideally located amongst existing residential developments and is in close proximity to Werribee, in one of Melbourne's fastest growing corridors.
It is expected that the property will yield 58 lots and a target return of 20% per annum over the life of the project.
Investors will hold shares in PFM Tarneit Syndicate Pty Ltd with an issue price of $1.00 per share. The number of shares each investor will hold will be based on the dollar value of funds contributed divided by the share issue price.
PFM Asset Management Pty Ltd will manage the project on behalf of investors. It is a subsidiary of Property Funds Management Australia Pty Ltd (ACN 166 548 661. AFSL 453 825).
- Target 20% p.a. return on equity
- Anticipated 24 month investment term
- Project land zoned for residential development
- 58 lots expected with an average lot size of 422 Sq Metres
- Development Manager: PFM Asset Management Pty Ltd (ACN 618 004 872)
- Situated in the Wyndham City Urban Growth Corridor