The security property comprises the balance land of the Aldo Estate in Fraser Rise, approximately 29 km north-west of the Melbourne CBD.
The property is included within the Plumpton Precinct Structure Plan and is designated for a proposed non-government school site and residential lots.
The facility will support the initial refinance and the subsequent construction of Stages 14-17 which contains 92 lots. The school site has been sold with settlement scheduled for April 2027.
| Maximum Loan Amount: | $32,674,000.00 |
|---|---|
| Interest Rate: | 9.50% p.a. (Variable) |
| LVR: | 66.66% |
| Maturity Date: | TBA |
| Approved Term: | 36 months |
| Reference Number: | 3241 |
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.