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Benchmark Capital has acquired a prime residential development site in Rose Bay, marking an important addition to the Benchmark Opportunity Fund portfolio.
Located in one of Sydney’s most tightly held Eastern Suburbs markets, the site presents an opportunity to deliver a boutique residential development designed for the local owner-occupier market.
The acquisition reflects Benchmark Capital’s investment approach of identifying opportunities in established locations where scarcity, strong amenity and sustained demand provide compelling underlying fundamentals.
The project will now progress through design and planning, with a focus on delivering a high-quality residential offering that responds to its Rose Bay setting.
“Rose Bay represents exactly the type of market we look for: tightly held, well connected and supported by strong underlying demand. We see an opportunity to create a considered residential development while delivering an attractive investment proposition for our investors.” Fawaz Sankari, Co-Founder and CEO of Benchmark Capital.
Further project updates will be shared as the development progresses.
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Embark on a rewarding investment journey with a leader in Australian property development.
Benchmark Capital Pty Ltd ACN 631 724 144 (Benchmark) is a corporate authorised representative (CAR) (CAR Number 131 3071) of Boutique Capital Pty Ltd ACN 621 697 621 AFSL 508011. Any information or advice is general advice only and has been prepared by Benchmark for individuals identified as wholesale investors for the purposes of providing a financial product or financial service, under Section 761G or Section 761GA of the Corporations Act 2001 (Cth). Any information or advice given does not take into account your particular objectives, financial situation or needs and before acting on the advice, you should consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. If any advice relates to the acquisition, or possible acquisition, of a particular financial product you should read any relevant Product Disclosure Statement or like instrument.
