The security property is situated in Toorak which is approximately 7 km south-east of Melbourne CBD.
The site comprises a rectangular shaped residential allotment with an area of 836m². The project will involve the construction of two high-end townhouses over a basement.
Demolition is already complete and piling work for the basement has commenced.
| Maximum Loan Amount: | $5,782,000.00 |
|---|---|
| Interest Rate: | 9.50% p.a. (Variable) |
| LVR: | 66.66% |
| Maturity Date: | 26 May 2027 |
| Approved Term: | 24 months |
| Reference Number: | 3170 |
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.