Masterplan Development in High Demand Growth Corridor

Residential Development

2874

This Sub-Scheme property is situated within the City of Whittlesea in the suburb known as Woodstock approximately 32 kilometres north of Melbourne with an Urban Growth and Rural Conservation Zoning under the City of Whittlesea Planning Scheme.

The surrounding area is predominantly large rural land destined for development with residential subdivisions currently being developed to the west.

The Donnybrook Railway station is 5 kilometres to the west. Shopping facilities are planned to be constructed within the Donnybrook-Woodstock Precinct, the adjoining suburb of Merrifield has a number of shops and a supermarket however the major shopping centre of Epping Plaza Shopping Centre is 12 kilometres to the south.

A number of educational facilities are planned to be constructed within the area including Hume Anglican Grammar which is currently nearing completion 3 kilometres to the west.

The Sub-Scheme Property comprises 40.47 hectares (100 acres) of land.

A Planning Permit has been obtained for 451 residential allotments, a government school site, a local town centre and community facilities.

Subdivisional works have recently commenced.

Current Approved Loan Facility $54,790,000
Interest Rate 7.00% p.a.(variable)
LVR: 65.00%
Maturity Date: 17/02/2024
Original Term: 36 Months
Reference Number: 2874

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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