Prime Location

Townhouse Development

2780

The Sub Scheme property is situated in a major established residential area of Ormond, approximately 16 kilometres south-east of the centre of Melbourne.

This 755 square metre development site is proposed to comprise 2 semi-detached townhouses of 361 and 302 sqm respectively. Each two-storey townhouse offers 4 bedroom and 3-bathroom accommodation.

Perfectly situated in walking distance of McKinnon Primary and Secondary schools and close proximity of Ormond railway station.

Current Approved Loan Facility $2,400,000
Interest Rate 8.00% p.a.(variable)
LVR: 66.66% of Gross Realisation (ex. GST)
Months Remaining: 24 months
Original Term: 36 months
Reference Number: 2780

You should first read and consider the Product Disclosure Statement (PDS) dated 20 September 2017 and the specific Sub Scheme Supplementary Product Disclosure Statement relating to any loan(s) you wish to invest in. We encourage you to seek your own independent advice before making a decision to invest with RMBL Investments Limited. Funds for investment can only be accepted by completing the Investment Application Form.

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