Residential estate development in Truganina

Vacant Land - Residential Subdivision (W)

This Security Property is situated in the outer western suburb of Truganina approximately 22 km from Melbourne’s Central Activities District. It comprises 8.19 ha of land and it has recently been subdivided into four super lots.

Lots C & D are approximately 8.19 ha of developable area and are proposed for a residential land subdivision into 172 lots, benefited with a Planning Permit allowing multi-lot subdivision.  This project is proposed to be developed over 3 stages.

Subdivision works in respect of Stage 1 are well advanced with a yield of 79 residential lots.

Maximum Loan Amount:$26,031,000.00
Interest Rate:10.00% p.a. (Variable)
LVR:60.00%
Maturity Date:TBA
Approved Term:36 months
Reference Number:2846

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