The security property is situated in Bonnie Brook, approximately 35 km west of Melbourne’s Central Activities District.
The property comprises a 19.42 ha landholding within Melbourne’s western growth corridor. The site is zoned Urban Growth Zone (UGZ) and is designated for future residential development under the Warrensbrook Precinct Structure Plan.
Based on the current concept plan, the property is expected to yield approximately 450 to 500 residential lots.
| Maximum Loan Amount: | $19,958,000.00 |
|---|---|
| Interest Rate: | 8.75% p.a. (Variable) |
| LVR: | 66.66% |
| Maturity Date: | 28 August 2026 |
| Approved Term: | 36 months |
| Reference Number: | 3252 |
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.