This Security property is situated in the outer northern township of Beveridge approximately 40 km from Melbourne’s Central Business District.
The Security Properties originally comprised 44.758 hectares of developable land. The Ooranya Estate which is proposed to provide a total yield of 786 residential allotments which will be developed over 17 stages with an average size of 380 m2.
At present 45 residential allotments remain to be developed.
| Maximum Loan Amount: | $29,893,000.00 |
|---|---|
| Interest Rate: | 9.75% p.a.(variable) |
| LVR: | 57.86% |
| Maturity Date: | 36 months |
| Approved Term: | - |
| Reference Number: | 2891 |
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.