Residential development in the centre of Beveridge

Vacant Land - Residential Subdivision (N)

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.

The subdivision works are underway. Stages 1, 4A, 4B, 7, 8, 9B, 10, 11, 12 and 16A have been completed.

At present 221 residential allotments remain to be developed.

Maximum Loan Amount:$36,623,000.00
Interest Rate:9.75% p.a.(variable)
LVR:60.00%
Maturity Date:07 June 2027
Approved Term:-
Reference Number:2891

You should first read and consider the PDS and TMD dated 1 February 2023 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.

Enquire about this investment opportunity