Residential land subdivision in Northern Growth Area

Vacant Land - Pre Development

This security property is situated in Donnybrook which is approximately 30 km north of Melbourne’s CBD with a predominantly Urban Growth Zoning (UGZ).

The security property comprises 125.34 ha of land with a total net developable area of 85.48 ha. A concept master plan proposes to develop the site into 1,394 residential allotments, plus medium density sites, a government school and town centre.

The majority of lots range from 242 and 397.

Maximum Loan Amount:$64,000,000.00
Interest Rate:8.75% p.a. (Variable)
LVR:64.00%
Maturity Date:3 years from the commencement date
Approved Term:36 months
Reference Number:3202

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