The Primary Yield Tomato Project (Tomato Project) will grow Truss tomatoes in one of Australia's largest and most advanced glasshouses. Tomatoes are a part of Australia's $6 billion horticultural industry comprising fruit, vegetables, nuts, cut flowers and turf. Tomatoes are second only to potatoes in both Australian farm value and vegetable consumption.

 

The Project

The initial cost to invest in the Project is the Lot fee of $62 (GST), with a minimum of 120 Lots per investor. For example the Initial Fee for 120 Lots is $7,440 (inc GST). The project will run for 7 years with income generated every year.

• Investors in the Tomato Project will become Growers, and enter into a Management Agreement to engage Primary Yield to establish, plant, maintain, harvest and sell their tomatoes over the term of the Project.
• Tomatoes are grown in one of Australia's largest glasshouses and packed on site ready for sale.
• Conditions in the glasshouse are carefully monitored where the light, temperature, water and nutrient requirements of the tomatoes are highly regulated to produce optimum growing conditions.
• Tomato plants are pollinated and pruned by hand to promote higher yields.
• When selling their tomatoes, Growers will pool their produce with other investors in the Project in order to spread risk and maximise returns.
• Tomatoes will be grown, picked and sold for nine months of the year (from August to April) with tomato sales expected to generate proceeds to Growers each year.
• At the end of the growing season the glasshouse is cleared of plants and it is re-stocked with new plants for the following year's production.

Finance Options

 

 

 

Features

Up to 6% cash rebate (see below)

$7,440 minimum application

IRR up to 23.98%

7 year term

100% tax deduction

Tax deduction for interest expense if finance option taken

Income from year 1

Closes 15th June 2007

 

 

Commissions & Cash Rebates

With tax effective investments we will receive a brokerage payment consisting of a 'commission' & 'marketing allowance' which is paid from the company that you invest with.  It is not deducted from your invested funds. With regards to Primary Yield Tomato Project, Fundbroker will receive an 8% commission and a 0% marketing allowance, making a total brokerage of 8% of the amount invested.  We will provide a cash commission rebate as a percentage of the funds you invest as shown in the table below:

 

 

The cash rebate is paid to you as soon as we receive our commission payment ex GST. This is based upon the number of lots purchased, eg 240 lots would be a 4% rebate, 720 lots 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):

 

 

 

 

 

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