Future residential development in Edmondson Park

Vacant Land - Pre Development

This Security Property is located within the suburb of Edmondson Park approximately 39 km southwest of the Sydney CBD, by road.

The borrower has Development Approval for the construction of three superlots, comprising eight multistorey buildings - 669 residential units with a mix of studio, 1, 2 & 3-bedroom units.

The unit sizes range from 34m2 for a studio to 117m2 for a three-bedroom unit, with an overall average unit size of 87m2 as well as 1,483m2 of retail space, basement parking accommodating 1,030 car parking spaces, landscaping and associated structures to be constructed over three stages.

Maximum Loan Amount:$50,700,000.00
Interest Rate:9.25% p.a. (Variable)
LVR:65.00%
Maturity Date:TBA
Approved Term:36 months
Reference Number:3183

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.

Enquire about this investment opportunity