This Security Property is situated in the southern fringe of the Gold Coast in the suburb of Palm Beach approximately 19 km south of the Southport Central Business District.
The Security Property comprises 818 square metres of vacant land. Proposal for 17 apartments over 9 storeys. The site has been cleared and works have commenced.
| Maximum Loan Amount: | $36,553,000.00 |
|---|---|
| Interest Rate: | 10.00% p.a. (Variable) |
| LVR: | 66.66% |
| Maturity Date: | TBA |
| Term: | 30 Months |
| Reference Number: | 3116 |
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.