This project closed on the 31st May 2005
By investing in the Great
Southern Vineyards 2005 Project, you will be engaging in the business of
growing a commercial grape crop – without having to carry out the work
of planting, maintaining and harvesting the vines yourself. The project
will produce grapes for use in the production of premium bottled wine.
Great Southern plants the
vines and maintains them on your behalf for 18 years. Within four years
you will start receiving an income from the harvest of your grapes.
There is no direct outlay for
ongoing fees and charges, from 1 July 2008 the Responsible Entity is
responsible for all of the costs of maintenance and management of the
Vineyard and Vinelots for the remaining 15 year life of the Project. As
remuneration for the provision of these Ongoing Management Services the
Responsible Entity is entitled to 33% of the Net Annual Harvest Proceeds
from 1 July 2008 to the end of the Project.
The application price is $5,225 per
Vinelot (inc GST).
Features
Up to 6% cash rebate (see below)
$5,225 (inc
GST) per Vinelot
First harvest in
2008
100% tax deduction
for investment amount
18 year term
Investment Payment Options
You are able to invest in
this project using cash, or you can access the 100% finance option from
the Great Southern Group. The various options are shown in the table below
(note a minimum of 2 Vinelots must be applied for to be able to access
finance):
|
Term Option |
Number of
Instalments |
Interest Rate. |
|
1 Year |
12 monthly instalments |
Nil |
|
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% |
Commissions & Cash Rebates
With tax effective
investments we will receive a commission that is not paid from your
investment amount. With the Great Southern Plantations Vineyard Project
2005 this is equal to 8.0% of the amount invested. We will provide you with a cash rebate on a
sliding scale depending upon the amount that is invested as detailed in
the table below:
|
Amount Invested |
Cash Rebate to
Investor |
|
$5,225 - $20,900 |
4.0% |
|
$20,901 - $47,025 |
5.0% |
|
$4,026 + |
6.0% |
The cash rebate is paid to
you as soon as we receive our commission payment ex GST.
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):
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Product Disclosure
Statement (1.6mb) |
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Project Summary (270k) |
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Finance Summary (270k) |
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Adviser Edge Research (530k) |
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ATO Product Ruling (200k) |
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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.
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