315 Residential lot subdivision in Newborough

Vacant Land - Residential Subdivision (Regional)

This Security Property is situated in Newborough approximately 150 km east of Melbourne’s Central Business District.

The Security Property comprises 44.65 hectares of gross land with 30.145 hectares being developable. A Subdivision Plan shows a yield of 315 residential allotments across 11 stages

Maximum Loan Amount:$23,328,000.00
Interest Rate:10.00% p.a. (Variable)
LVR:60%
Maturity Date:04 August 2025
Term:36 Months
Reference Number:3021

You should first read and consider the PDS and TMD dated 1 February 2023 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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