This project was released in March 2005 and closes on the 31st May 2005 or earlier if fully subscribed. This project is the fourth offering of this project and continues to draw on strong fundamental research, management experience and established markets for this Rewards project. The 2004 project closed early due to oversubscriptions, therefore if you have any interest we would urge you to act quickly.

 

Location

The Tropical Fruits Project 2005 is located on the Ord River Irrigation Area, near Kununurra in the Kimberly Region of Western Australia. The ORIA is a large irrigated horticultural region that sources its water from nearby Lake Argyle. Lake Argyle is a massive storage reservoir built in the 1960’s that created a lake that is in excess of 1000 square kilometres in area, and has the volume of 13 times the size of Sydney Harbour. This abundance of water and a 12 month growing season has resulted in the ORIA becoming a recognised region for the production of high valued horticultural products.

 

The Investment

The project  will result in the establishment and operation of intensively managed irrigated mango and red flesh grapefruit orchards. The offer is for to Retail Groves of 0.1 hectare each at an issue price of $7,000.00 per Grove. The full term of the Scheme is expected to be approximately 20 years, with a crop every year including the first year.

 

Each Grove Will Consist of the Following Orchards
New Mango	66.7%	21 trees
New Grapefruit	28.5%	11 trees
Existing Mango	4.8%	2 trees

 

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 (note monthly repayments are based on a per grove  investment basis - $7,000):

 

 

 

Features

Up to 6% cash rebate (see below)

$7,000 per grove

100% tax deduction for investment amount

Tax deduction for interest expense if finance option taken

Income in from year 1

20 year total term

 

Commissions & Cash Rebates

With tax effective investments we will receive a commission that is not paid from your investment amount. With the Rewards Tropical Fruit 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:

 

 

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):

 

 

 

 

 

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