88 lot subdivision in regional town of Mansfield

Vacant Land - Pre Development

This Security Property is situated in the popular rural farming and tourist township of Mansfield approximately 190 km north east of Melbourne at the foothills to the Victorian Alps with a Low Density Residential Zoning.

The Security Property comprises 31.73 hectares of land forming the balance stages of the initial Highland Estate. Proposed Plan of Subdivision show 34 residential lots with an average size of 2,352 m2 over 2 stages. The balance of land shows a potential yield of 54 lots.

Maximum Loan Amount:$8,000,000.00
Interest Rate:9.50% p.a. (Variable)
LVR:58.00%
Maturity Date:21 May 2027
Approved Term:-
Reference Number:3122

You should first read and consider the PDS (1 February 2023) and SPDS (1 March 2024) and TMD 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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