The Rewards Group Berry Project 2008 will offer Growers an opportunity to invest in the rapidly expanding Australian strawberry and blueberry industries. Intensively managed irrigated strawberry and blueberry plantations will be established in both Queensland and Victoria to supply domestic and export berry markets with high quality fruit all year round.

 

The Project intends to grow in Australia some of the biggest, juiciest, brightest and most irresistible strawberries, with exclusive access to the USA-developed and patented ‘Driscoll's Strawberries’. The strawberry plantations will be located in Caboolture, Queensland and the Yarra Valley, Victoria. The blueberry plantation will be located in the Yarra Valley, Victoria.

 

The application amount is $6,600 (inc GST) for each lot of 0.05 hectares. Ongoing fees of $2,608 (inc GST) are payable in October each year.

 

Investment Payment Options

You are able to invest in this project using cash, or you can access the finance option (10% deposit required) from the Rewards Group. The various options are shown in the table below:

 

 

 

Features

The Project aims to grow commercial varieties of strawberries which produce high quality fruit including the new Driscoll strawberry varieties

Up to 8% cash rebate (see below)

$6,600 per grove

0.05Ha per grove

IRR up to 20.0%*

18 year project duration

a crop in the first year

Closes 29th February 2008

 

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 the Rewards Group, Fundbroker will receive an 5% commission and a 5% marketing allowance, making a total brokerage of 10% 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 and is related to the number of units in the project (i.e. 3 units will provide a 6% rebate, 7 units or more a 7% rebate)

 

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 prepared by AAG