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Vacant Land - Residential Subdivision (Regional)

This Security Property is situated within the Shire of Moira in the area known as Yarrawonga approximately 268 km north of Melbourne, 92 km west of Albury with a General Residential and Low Density Residential Zoning under the Moira City Council. Yarrawonga provides limited services and facilities including a supermarket and a limited variety of specialty stores. The town centre is 5 km west and 55 km south is Wangaratta which provides greater commercial facilities including regional specific educational and medical facilities whilst Wodonga, 90 km east also provides greater facilities. The Yarrawonga township is serviced by Yarrawonga College P-12 and Sacred Heart Primary School. The Murray Valley Highway is a major access provider to the locality linking Yarrawonga township to surrounding regional areas.

The Security Property comprises 93.74 hectares (231.63 acres) of Precinct structure Planned approved land. This Security Property has a proposed masterplan for a residential development known as Glanmire Estate which may yield up to 1,000 residential dwellings.

At present 279 residential allotments are underway over 8 stages. Stage 1 has been completed with settlements taken place with a further 100 lots from 3 stages pending settlement

Maximum Loan Amount:$20,600,000.00
Interest Rate:10.00% p.a. (Variable)
Maturity Date:24 February 2027
Reference Number:2857

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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