This security property is situated in the residential area of Wyndham Vale approximately 36 km west of Melbourne’s CBD with an Urban Growth Zoning (UGZ).
The security property comprises 50 vacant recently titled residential parcels. The borrower proposes to develop a dwelling on each allotment and create a turn key product for investors and first home buyers.
| Maximum Loan Amount: | $22,600,000.00 |
|---|---|
| Interest Rate: | 9.25% p.a. (Variable) |
| LVR: | 66.66% |
| Maturity Date: | 3 years from commencement date |
| Approved Term: | 36 months |
| Reference Number: | 3191 |
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.