Fund Summary

The Fund will invest into property development projects and will aim to deliver for investors a Target Return of 15% (after fees and expenses) per annum on a rolling 5 year basis (this is a target return only and is not a forecast or a guaranteed return).

The Fund will focus on the ownership of SPVs set up for specific property development projects. The projects will be land subdivisions, house and land, medium density developments including townhouses, mixed use and apartments and value add real estate opportunities (development approval upside). This will include off market and targeted site identification, comprehensive due diligence, conservative financial feasibility, attentive and prudent development management and a strong exit strategy through an integrated sales and marketing approach.

Key Documents

Retired Documents

Key Information


Vasco Responsible Entity Services Limited

Investment Manager

First Land Management Pty Ltd

Unit Price

$0.78 as at 31 May 2024

Administration Manager

Vasco Fund Services Pty Limited

Minimum Investment

$10,000 (Available to Retail and Wholesale Investors)

Reports & Updates

Further Information

Please contact the Investment Manager for further information