Shenton Park Fund

Fully subscribed

20% IRR* target returns

50%+ Return
on Equity

62 apartments

Across two

$100k min investment

$6 million remaining
space available Tranche 2

* 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.

A rare and exciting investment opportunity

  • 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. Tranche 1 is fully subscribed with Tranche 2 now open for Expressions of Interest. Fund closes Friday 11th June or earlier at the Manager’s discretion.

Register your Interest

Key Information


Corner of Onslow Road and Railway Road

Target Returns

20% IRR (50%+ Return on Equity)

Min Investment



Open exclusively to wholesale investors

Prime, Strategic Location

Strong Market & Optimal Timing

  • Perth property market continues to heat up
  • Highest sales activity in 5 years combined with
    extremely low levels of stock on market
  • Western suburbs apartment market
    experiencing increasingly strong demand
  • Increased activity in mining sector
    contributing to strong economic projections
  • Strong downsizer and young professional market
  • Small sought-after suburb with only 1,400
    dwellings and high demand

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

The Shenton Park Fund is a rare and unique opportunity that ticks all the boxes – prime suburb, great amenities, strong market, outstanding design, and a highly sought after site.

Don’t miss out on this opportunity. Register your interest by completing the form below. Fund closes Friday 11th June or earlier at the Manager’s discretion

EOIs closed. Register for future opportunities

Required field indicated with *

Syndicate Interest

  • This field is for validation purposes and should be left unchanged.

* 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