The security properties are situated in Wallan which is approximately 64 km north of Melbourne CBD.
The properties sit within the Wallan East PSP (Part 1) designated for residential development. The PSP is included in Horizon 2 of the Government’s housing plan and is expected to recommence between 2025-2029.
The properties have excellent subdivision potential over the medium to longer term.
| Maximum Loan Amount: | $21,360,000.00 |
|---|---|
| Interest Rate: | 9.00% p.a. (Variable) |
| LVR: | 60.00% |
| Maturity Date: | TBA |
| Approved Term: | 36 months |
| Reference Number: | 3189 |
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.