63 Hectares of future development land

Vacant Land - UGB Future Development

This Security Property is situated on the outer north western fringe of Tarneit and Truganina approximately 28 km west of the centre of Melbourne.

This Security Property comprises 63.76 hectares of land included in the Proposed Oakbank Precinct Structure Plan and 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.

Maximum Loan Amount:$12,000,000.00
Interest Rate:9.75% p.a. (variable)
LVR:35.00%
Maturity Date:11 November 2025
Approved Term:36 months
Reference Number:2743

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