Melbourne's South East

Industrial Development

2624

The Sub Scheme property is situated in a major established industrial precinct of Dandenong South, approximately 35 kilometres south-east of the centre of Melbourne with an Industrial 1 Zoning under the Greater Dandenong Planning Scheme.

The Sub Scheme property is an Industrial zoned parcel of land 10.03 hectares (24.78 acres) in area which was part of a former sand quarry that has been rehabilitated and filled to allow for industrial subdivision.

A planning permit will be required for further subdivision of this land and there are several options currently in place for the Borrower. At present there are planning permit applications in with the council which will allow for an industrial land subdivision and for two office/warehouse buildings.

Maximum Loan Amount $15,000,000
Interest Rate Closed
LVR: LVR 60% of ‘as is’
Maturity Date: Closed
Original Term: 36 months
Reference Number: 2624

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