Adviser Edge Rating

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Closes 15th June 2007

$8,800 per grovelot

IRR up to 13.20%*

No ongoing costs

100% tax deduction

20 year investment returns

 

 

 
 

Further Information

This project is now closed

 

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Great Southern Organic Olives Income Project 2007 (Closed)


The health benefits of extra virgin olive oil and the increased popularity of organically produced foods in Australia present an outstanding investment opportunity. The 2007 Organic Olives Income Project is an excellent opportunity to stake a claim in this exciting industry.

 

The 2007 Project will produce olives grown under organic conditions, in the largest Australian olive groves of their kind, located in selected Australian regions proven for their olive grove suitability. Olives will be used for the production of organic extra virgin olive oil. Great Southern will have a contract for the sale of its organic olives to WA olive oil producer Kailis Olive Processing Ltd, who will manufacture and sell the oil locally and internationally.

 

The Project

The investment amount is $8,800 (GST inclusive) per grovelot. Each established grovelot will be 0.1 hectares in size, and contain 33 olive trees. Investment in the project is 100% tax deductible over the first three years of the Project (70% in 2006, 15% in each of 2007 and 2008), as confirmed by Australian Taxation Office Product Ruling PR 2005/117.

 

After the initial investment there are no ongoing costs, all ongoing management costs will be borne by Great Southern or via your returns. You will not be required to make any additional payments, at any time throughout the Project period. As an investor you are expected to receive annual returns from their proportionate share of harvest proceeds for 16 years, after year five to 20. Grovelots are expected to reach full production after eight years. The Project will be extended for a further two years should an average IRR of 9% p.a. over the life of the Project not be achieved.

 

Features

Participation in the rapidly growing organic foods industry

A commercial investment in an established global olive industry

Potential for a sound long-term income stream from the harvesting of olives

100% tax deduction

IRR up to 13.20%

Flexible finance including interest free options and comprehensive insurance available

Closes 15th June 2007

 

 

Investment Payment Options

Minimum of 2 Grovelots is required for finance ($16,000). A $250 loan establishment fee applies:

 

Term Option

Number of Instalments

Interest Rate.

1 Year

12 monthly instalments

0.0%

3 Years

36 monthly instalments

10.0%

4 Years 48 monthly instalments 10.5%

5 Years

60 monthly instalments

10.5%

7 Years

80 monthly instalments

11.0%

10 Years

120 monthly instalments

11.5%

5 years

1 year interest only, 4 years P&I

10.5%

7 years

1 year interest only, 6 years P&I

11.0%

10 years

2 years interest only, 8 years P&I

11.5%

 

 

Commissions & Cash Rebates

With tax effective investments we will receive a commission that is not paid from your investment amount. With the Great Southern Organic Olives Income Project this is 5% commission and 5% marketing allowance. 100% of the commission is rebated at minimum:

 

Amount Invested

Commission Rebate Marketing Rebate

Total Rebate

$0 - $17,600

5%  

5%+

$17,601 - $44,000

5%  

5%+

$44,000 +

5%  

5%+

 

 

Further Information

For further information please download any of the following files or right click on the button and 'save target as' to download to your computer (all files are in *pdf format):

 

Product Disclosure Statement (2.5mb)

Project  Summary (980k)

Adviser Edge Research (740k)

AAG Research (730k)

Finance Application (480k)

ATO Product Ruling (170k)

 

 

 

 

IMPORTANT : This information has been prepared without taking into account your investment objectives, financial situation and particular needs. National Financial Solutions Pty Ltd (the authorising licensee) makes no recommendations as to the merits of any investment opportunity referred to on this site or via email correspondence. All indications of performance returns are historical and can not be relied upon as an indicator for future performance. Any investment decision in the products listed is entirely yours. NFS bears no responsibility for the appropriateness of the investment to your circumstances.  NFS will not be held responsible for the performance or security of any investment going forward. Furthermore NFS recommends that you seek advice from an independent person as to the appropriateness of any investment that is placed through our service.

With all of these types of investments you should seek independent taxation advice to determine whether this investment suits your circumstances. Please read the important information section.

By listing this investment on our site we are by no means endorsing this investment, manager or product.

* IRR upper range from independent research report



   
   
 
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