Regional Housing Development in South Gippsland

Vacant Land - Residential Subdivision (N)

This Security Property is situated within the Municipality of South Gippsland in the Township of Nyora which is approximately 86 km south east of Melbourne’s Central Business District.

The Security Property comprises 74.99 hectares of which 51.89 hectares has a General Residential Zoning and 23.1 hectares is Farming Zoned. A Planning Permit has been approved for 334 allotments with an average size of 826 m2 an indicative staging plan approved by council on the 6 July 2021 shows the project being developed over 11 stages. Work has commenced on stage 1 which comprises 34 lots.

Maximum Loan Amount:$11,400,000.00
Interest Rate:9.75% p.a. (Variable)
LVR:60%
Maturity Date:19 November 2026
Approved Term:-
Reference Number:2833

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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