Pilbara Growth & Income Fund
Target returns of 20 – 25% IRR with initial distributions of 4.5-6.5%
Target returns of 20 – 25% IRR with initial distributions of 4.5-6.5%
Momentum Wealth Research has been monitoring the Pilbara region over the past few years and has identified strong indicators the market has now reached bottom in our investment-targeted towns with excellent opportunity for substantial growth in the short term (5 years) in both rental returns and capital value.
Momentum Wealth Funds Management’s position is to purchase up to $8m of research-approved properties (targeting 50% maximum gearing) within the towns of Karratha, Port Hedland, South Hedland and Dampier, to a strategically diverse portfolio with a deliberate and defined exit strategy.
Along with strict, research-guided purchase criteria, the diversity of the fund provides greater exposure with diluted risk for investors across multiple markets; while a stringent exit strategy also maximises gains and mitigates market risk.
Research guided, strict purchase criteria
Strategic diversity across multiple towns
Professional, experienced managers
Stringent, defined exit strategy to maximise gain and reduce risk
Momentum Wealth has 11 properties currently under contract within the Pilbara region of South Hedland totaling $1,715,000 with an estimated gross yield of 13.3% and a replacement value above $4,000,000. The Fund manager is actively seeking other assets at below replacement in key identified areas within its investment mandate to build a diversified regional residential portfolio totaling up to $8,000,000, with a clear exit strategy.
To read our latest report on the Pilbara region, click on the report thumbnail.
Please fill in the form below to request the synopsis. An email will be sent to the email you have provided with a link to the document. Please note, filling in a synopsis request does not register your interest. You may also Express Interest and Request IM via the form beside/below.
To register your interest to participate in the fund, please fill in the form below to submit an EOI and request the Information Memorandum (IM).
AFSL – Mair Property Securities (AFSL 238386)