This Sub-Scheme Property is situated in the outer western suburb of Fraser Rise which was formerly part of Plumpton being located approximately 25 kilometres west of Melbourne's Central Business District with an Urban Growth Zoning under the Melton Planning Scheme.
Public transport in the area includes a bus service operating along Melton Highway with Watergardens Railway Station and shopping facilities situated approximately 5.5 kilometres east of the property. Educational facilities are currently located in the adjoining established area of Caroline Springs and upon establishment of the subject PSP schools will be provided in the immediate area.
The subject holding is proposed to yield 78 residential allotments, two medium density sites (super lots), future development residual lot of approximately 2ha, 5.2ha of Active Open Space and is being developed as part of the Aldo Estate. The Aldo Estate is proposed to provide 565 residential lots plus 6 larger medium density sites and two further super lots, school site, active opens space and drainage corridor.
|Current Approved Loan Facility||$20,850,000|
|Interest Rate||8.50% p.a.(variable)|
|LVR:||60% of Gross Realisation (ex. GST)|
|Months Remaining:||15 months|
|Original Term:||36 months|
You should first read and consider the Product Disclosure Statement (PDS) dated 20 September 2017 and the specific Sub Scheme Supplementary Product Disclosure Statement relating to any loan(s) you wish to invest in. We encourage you to seek your own independent advice before making a decision to invest with RMBL Investments Limited. Funds for investment can only be accepted by completing the Investment Application Form.