Beachside Living

Residential Townhouse Construction

2851

This Sub-Scheme property is situated within the Municipality of Mornington Peninsula in the area known as Rosebud approximately 78 kilometres south of Melbourne’s Central Business District with a General Residential Zoning under the City of Morning Peninsula. The immediate area is of mixed amenity comprising mainly established housing of various styles and ages together with recreational facilities in the Rosebud Park Public Golf Course, Rosebud Tennis Club and Rosebud Bushland Reserve immediately to the North. The location is central to a full range of services and facilities supporting residential occupation, including the main retail precinct of Rosebud to the north a short driving distance away.

The Sub-Scheme property comprises 24,412 square metres of englobo land with plans and permits for 50 single level townhouses. The townhouses will be configured as five 2 bedroom 2 bathroom townhouses with an area of 108 square metres, together with forty-five 3 bedroom 2 bathroom townhouses with areas between 121 square metres and 132 square metres. The two bedroom accommodation will be complemented by a single car garage, whereas the three bedroom accommodation will each have a double car garage. Furthermore each townhouse will be complimented by a rear private open space.

At present the site contains a display unit which is nearing completion and a large number of trees which will either be removed or used in the landscaping.

Current Approved Loan Facility $18,451,000
Interest Rate Closed
LVR: 66.66%
Maturity Date: Closed
Original Term: 36 Months
Reference Number: 2851

You should first read and consider the Product Disclosure Statement (PDS) dated 20 September 2017 and the specific Sub Scheme Supplementary Product Disclosure Statement relating to any loan(s) you wish to invest in. We encourage you to seek your own independent advice before making a decision to invest with RMBL Investments Limited. Funds for investment can only be accepted by completing the Investment Application Form.

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