The security property is situated in the township of Wyndham Vale which is approximately 36 km west of Melbourne’s CBD.
The Borrower requires funds for the acquisition of the security property, being 50 individual titled lots, and the construction of 50 homes together with soft costs for delivering the project.
| Maximum Loan Amount: | $22,745,000.00 |
|---|---|
| Interest Rate: | 9.25% p.a. (Variable) |
| LVR: | 66.66% |
| Maturity Date: | TBA |
| Approved Term: | 18 months |
| Reference Number: | 3191 |
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.