Northern Growth Corridor Development

Vacant Land - PSP Approved (RES)

This Security Property is situated within Beveridge being an outer northern township approximately 40 km from Melbourne’s Central Business District with an Urban Growth Zoning under the Beveridge Central Precinct Structure Plan. Surrounding land is also included within the approved Beveridge Central Precinct Structure Plan, land further west of the Hume Highway and subject comprises established residential development within the Ooranya Estate, Mandalay Estate and Glenmore Estate, land north of the subject comprises established residential development within the Minton Place Estate and land further east provides the proposed Stockland Lyra Estate. Shopping facilities are located in the adjoining areas of Wallan to the north, comprising local strip shopping, as well as south of the subject in Craigieburn Plaza Shopping Centre. Educational and recreational facilities are situated in Wallan and Craigieburn. Donnybrook Railway station is situated approximately 5 km south.

These Security Properties comprise 11 individually titled lots with a combined size of 30.296 hectares and a potential total yield of 633 residential allotments.

Maximum Loan Amount:$42,921,000.00
Interest Rate:9.75% p.a. (Variable)
LVR:60.00%
Maturity Date:14 April 2025
Term:-
Reference Number:2978

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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