The security property is situated in Warragul, VIC approximately 107 km south-east of Melbourne’s CBD.
The $26 million loan facility will support the purchase of the security property, and development of this 87-lot residential subdivision. The project involves the construction of the balance stages (14-18) of Copelands Estate, a successful estate with high-quality homes already delivered on the earlier stages.
| Maximum Loan Amount: | $26,000,000 |
|---|---|
| Interest Rate: | 9.00% p.a. (Variable) |
| LVR: | 65.00% |
| Maturity Date: | TBA |
| Approved Term: | 24 months |
| Reference Number: | 3237 |
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 investment objectives, financial situation and 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.