The ITC Hardwood 2008 Project contains 2 options; High Value Timber with
a 20 year term, and Pulpwood with a 10 year term. You can mix units of
each option.
High Value Timber Option
High Value
Timber Option – Investment in plantations of native Australian hardwoods
managed primarily for the production of high value sawlogs from
harvesting between 15-20 years after planting. It is expected that
commercial wood products will be produced from thinning the plantations
approximately 6-8 years after planting. In respect of the High Value
Timber Option the area of each Unit will be 0.75 hectares and will
comprise a Woodlot of each of four different species.
The High Value
Timber Option will comprise plantings of Tasmanian Blue Gum (70%),
Spotted Gum (10%), Red Mahogany (10%) and Gympie Messmate (10%).
Pulpwood Options
Pulpwood Option – Investment in plantations of native Australian
hardwoods managed for the production of pulpwood from a once-only
harvest approximately 10 years after planting. It is not expected that
the pulpwood plantations will be thinned.
The area of a
Pulpwood Unit may vary depending on the productivity of the property on
which your Units are located. Each Pulpwood Unit is to be an area
assessed as capable of producing approximately 225 cubic metres of
pulpwood approximately 10 years after planting. Pulpwood Units will have
an approximate area in the range 0.8–1.2 hectares.
Fees and Charges
The application
fee is $4,950 (inc GST). Insurance is available on
the project, historically this has been approximately $23.00 per
plantation unit per annum.
Finance Options
|
Term Option |
Number of
Instalments |
Interest Rate. |
|
1 Year |
1 year principle and interest |
Nil |
|
3 Years |
3 years principle and interest |
9.50% |
|
5 Years |
5 years principle and interest |
9.75% |
|
8 Years |
2 years interest only, 6 years P&I |
10.20% |
Features
Up to 7% cash rebate (see below)
$4,950
application
Minimum application
1 Plantation Unit
Two investment
options
IRR up to 10.35%*
100% tax deduction
Tax deduction for
interest expense if finance option taken
No outlay for
ongoing fees
Commissions & Cash Rebates
With tax effective
investments we will receive a commission that is not paid from your
investment amount. With the ITC Pulpwood Project 2007
this is 5% commission and 4% marketing allowance. 100% of the commission
is rebated, plus part of the marketing allowance depending upon the amount invest as
shown in the table below:
 |
Amount Invested |
Commission Rebate |
Marketing Rebate |
Total Rebate |
|
$0 - $19,800 |
5% |
0% |
5% |
|
$17,601 - $39,600 |
5% |
1% |
6% |
|
$39,601 + |
5% |
2% |
7% |
The cash rebate is paid to
you as soon as we receive our commission payment ex GST, note the
investment amount corresponds to the number of units, eg 4 units will
be a 5% rebate, 11 units would be 6%.
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 |
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Finance Application |
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Adviser Edge Research |
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ATO Product Ruling High
Value |
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ATO Product Ruling
Pulpwood |
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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.
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