Western Corridor

Residential Development

2743

This Sub-Scheme is situated in Mount Cottrell on the outer north western fringe of Tarneit and Truganina approximately 28 kilometres west of the centre of Melbourne with an Urban Growth Zoning.

Surrounding properties are predominantly mixed Urban Growth Zone hobby farms and lifestyle properties with new residential subdivision within 2 kilometres east. Main shops and a railway station are available within 6.5 kilometres at the modern Tarneit Central Shopping Centre. State and Denominational schools are nearby in Tarneit together with various recreational facilities.

This Sub-Scheme is included in the Proposed Oakbank Precinct Structure Plan and it is designated for residential development under the West Growth Corridor Plan. A small portion of the land is outside the Urban Growth Boundary which is a component of the proposed Outer Metropolitan Ring Road.

Current Approved Loan Facility $8,000,000
Interest Rate 7.50% p.a.(variable)
LVR: 50% of ‘as is’
Months Remaining: 36 months
Original Term: 36 months
Reference Number: 2743

You should first read and consider the Product Disclosure Statement (PDS) dated 20 September 2017 and the specific Sub Scheme Supplementary Product Disclosure Statement relating to any loan(s) you wish to invest in. We encourage you to seek your own independent advice before making a decision to invest with RMBL Investments Limited. Funds for investment can only be accepted by completing the Investment Application Form.

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