The security property is situated in Officer South, approximately 50 km southeast of Melbourne’s Central Activities District.
The property comprises 48.84 ha of industrial englobo land with a gross developable area of 27.90 ha. A Proposed Subdivision Plan shows a yield of 27 business lots and 48 industrial lots with sizes ranging from 855m² to 10,330m².
Stage 1 will yield 25 allotments with an average size of 1,825m².
| Maximum Loan Amount: | $65,448,000.00 |
|---|---|
| Interest Rate: | 8.75% p.a. (Variable) |
| LVR: | 60.00% |
| Maturity Date: | 17 October 2026 |
| Approved Term: | 36 Months |
| Reference Number: | 3091 |
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.