Residential development and a completed petrol station plus 4 shops

Vacant Land - Residential Subdivision (Regional)

This Security Property is situated in the emerging suburb of Armstrong Creek approximately 8 km south of Geelong and approximately 75 km southwest of the centre of Melbourne.

The Security Property comprises 9.816 hectares of land. A 7,680 square metre parcel has been developed into 5 lots which includes a service station and 4 shops.

The remaining 90,480 square metres has a planning permit for 78 lots which includes 75 residential lots with an average area of 226 square metres plus 3 superlots which have Planning Permits for a warehouse, two level mixed use complex, a 16 lot townhouse development and a single level complex of two shops and six warehouses.

Maximum Loan Amount:$24,024,000.00
Interest Rate:9.75% p.a. (Variable)
LVR:60.00%
Maturity Date:TBA
Approved Term:36 Months
Reference Number:3057

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/investment/ 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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