This security property is situated in the outer seaside area of Rosebud on the Mornington Peninsula approximately 74 km south of the centre of Melbourne with a General Residential Zoning.
The security property comprises 27,060m² of land. A Planning Permit allows for the development of 40 units. Development is well underway.
| Maximum Loan Amount: | $22,797,000.00 |
|---|---|
| Interest Rate: | 9.25% p.a. (Variable) |
| LVR: | 66.66% |
| Maturity Date: | 12 December 2026 |
| Approved Term: | 36 months |
| Reference Number: | 3083 |
You should first read and consider the PDS and TMD dated 1 February 2023 for the RMBL Mortgage Income Investments Fund available at www.rmbl.com.au/invest 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.