Popular Clyde Development Land

Vacant Land – PSP Underway

2916

This Security Property is situated within the south eastern fringe suburb of Clyde approximately 50 kilometres south east of Melbourne’s Central Business District and 2.7 kilometres south of the Clyde town Centre with a Urban Growth Zoning under the Casey Planning Scheme. The majority of the surrounding development comprises mixed rural farmlets, market gardens, hobby farms and lifestyle properties. Main shops are available within 6 radial kilometres north west at the Cranbourne town centre, where there is a railway station. There is a substantial amount of residential development taking place some 1.6 kilometres to the north.

The Sub-Scheme Property is within the Clyde South Precinct Structure Plan which is currently at pre-commencement.

The Security Property comprises 9.043 hectares (22.34 acres) of land. A preliminary concept plan proposes to development into 145 standard residential allotments over 8.53 hectares (21.07 acres) with a remaining .45 hectares will be allocated to parkland.

Maximum Loan Amount $8,130,000
Interest Rate 5.60% p.a. (variable)
LVR: 60%
Maturity Date: 17 February 2025
Original Term: 36 Months
Reference Number: 2916

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.

Enquire about this investment opportunity