Wanting a Treechange

Vacant Land - Residential Subdivision (Regional)

2857

This Security Property is situated within the Shire of Moira in the area known as Yarrawonga approximately 268 kilometres north of Melbourne, 92 kilometres west of Albury with a General Residential and Low Density Residential Zoning under the Moira City Council. Yarrawonga provides limited services and facilities including a supermarket and a limited variety of specialty stores. The town centre is 5 kilometres west and 55 kilometres south is Wangaratta which provides greater commercial facilities including regional specific educational and medical facilities whilst Wodonga, 90 kilometres east also provides greater facilities. The Yarrawonga township is serviced by Yarrawonga College P-12 and Sacred Heart Primary School. The Murray Valley Highway is a major access provider to the locality linking Yarrawonga township to surrounding regional areas.

The Security Property comprises 93.74 hectares (231.63 acres) of Precinct structure Planned approved land. This Sub-Scheme property has a proposed masterplan for a residential development known as Glanmire Estate which may yield up to 1,000 residential dwellings.

At present 159 residential allotments are underway over 5 stages. Stage 1 has been completed with settlements taken place.

Maximum Loan Amount $30,011,000
Interest Rate Closed
LVR: 65%
Maturity Date: Closed
Original Term: 36 Months
Reference Number: 2857

You should first read and consider the PDS and TMD dated 28 February 2022 for the RMBL Mortgage Income Investments Fund available at www.rmbl.com.au/invest and consider whether the Fund meets your needs as well as the specific Supplementary PDS for any Loan(s) you wish to invest in. Investment in a specific Loan is subject to availability. Funds for investment can only be accepted by completing the Investment Application and consent is required for investment into a specific Loan.

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