The security property is situated in the Rural township of Strathalbyn which is approx. 55 radial km south east of the Adelaide General Post Office.
The security property comprises a total of 12.75 ha with 9.84 ha being developable. The project involves the creation of 109 residential allotments over 5 stages.
Stage 1 is nearing completion and comprises 20 lots. Stage 2 will create 33 lots and is currently underway.
| Maximum Loan Amount: | $6,229,000.00 |
|---|---|
| Interest Rate: | 9.00% p.a. (Variable) |
| LVR: | 60.00% |
| Maturity Date: | 09 December 2027 |
| Approved Term: | 36 Months |
| Reference Number: | 3135 |
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.