644 Lot development in Seaside suburb of Adelaide

Vacant Land - Residential Subdivision (Interstate)

This Security Property is situated in Port Noarlunga South approximately 34 km south of the Adelaide Central Business District. Positioned where the vines meet the sea surrounded by Onkaparina National Park & River and with McLaren Vale wine region in your backpocket.

The Security Property comprises 42.08 hectares of land with a Development Approval for 644 residential allotments ranging from 300 to 695 square metres over 15 stages with over 200 lots already being sold.

Maximum Loan Amount:$48,000,000.00
Interest Rate:9.25% p.a. (Variable)
LVR:59.53%
Maturity Date:19 February 2025
Approved Term:36 Months
Reference Number:3038

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.

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