Historic Redevelopment in Bundoora

Residential Construction - Townhouses

This Security Property is situated in Bundoora approximately 15 km north east of Melbourne’s Central Business District.

The Security Property comprises 8,647 square metres of land with a Planning Permit for the conversion of a heritage building to form 4 apartments and 22 townhouses plus 28 new townhouses.

Maximum Loan Amount:$24,864,000.00
Interest Rate:9.25% p.a (Variable)
LVR:66.66%
Maturity Date:03 February 2025
Approved Term:16 Months
Reference Number:3042

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/investment/ 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