
Wholesale Investors
Investors must meet the following criteria to be able to participate in a wholesale API property syndicate investment opportunity:
- Invest a minimum of $500,000; or
- Classified as a “Sophisticated Investor” as per s708(8) of the Corporations Act 2001 by having:
(i) net assets of at least $2.5 million; or
(ii) gross income for each of the last 2 financial years of at least $250,000
To be elegible to invest as a Sophisticated Investor you must have a valid certificate from your accountant:
- issued by a person who is a qualified accountant;
- dated and it is less than 2 years since it was issued;
- says the person to whom the offer is made has a gross income of $250,000 or more in each of the preceding two years (before the certificate was issued) or net assets of at least $2.5million.
Click here for a sample Sophisticated Investor Certificate for completion by a qualified Accountant.