Future development land in Wyndham Vale, VIC

Vacant Land - Pre Development

The security property is situated in Wyndham Vale, approximately 41 km southwest of central Melbourne.

The subject property comprises an irregular-shaped, 30.30ha Urban Growth Zone (UGZ), generally level englobo development site fronting the eastern side of Hobbs Road.

The land is identified primarily for residential development and surrounds a future sports facility (already acquired by Council) and future local school at the southern alignment.

A rezoning amendment is underway to increase the net developable area by 4.09ha and future density of the property from circa 275 lots to 382 lots.

Maximum Loan Amount: $24,245,000.00
Interest Rate:9.00% p.a. (Variable)
LVR:65.00%
Maturity Date:23 October 2027
Approved Term:12 months
Reference Number:3265

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.

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