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The Timbercorp Almond Project 2007
- A commercial investment in Australian almonds with established end markets
- 100% tax deductible supported by ATO Product Ruling
- Build wealth through attractive after tax returns over the 23 year term
- 2 year project extension if after tax IRR does not exceed 9.5% p.a. by the end of the term
- Flexible finance terms
- Ability to participate as a joint venture grower with another entity, such as your self managed super fund
- Premium land, professionally managed by Select Harvests Limited – Australia’s largest integrated producer, processor and marketer of almonds
- Guarantee from Select Harvests to sell all almonds
How does the Project work?
You will become an almond grower in a commercial almond orchard that is expected to enter commercial production from early 2009 by:
sub-leasing two or more identifiable allotments of land of approximately 0.25 hectare each, called Almondlots;
engaging Timbercorp to harvest and procure the processing of the almonds grown on your Almondlots; and
appointing Timbercorp to market the almonds grown on your Almondlots.
Project Costs for post 30 June investment (per Almondlot)
Application Monies; $9,000
31 Oct 2008; $2,000 (rent and management fee)
Ongoing annual fees;
Rent: $770 from Oct 2009 – Oct 2011
and then $1,610 for each subsequent year indexed to inflation
Farm Operating Costs: Commencing Oct 2009 and each subsequent year
Management fees deducted from crop proceeds; Deferred management fees of 7.15% of Gross Proceeds from the 2010 financial year
FACTORS AFFECTING PROJECT RETURNS
The Project is a long-term commercial horticultural project and, like any agricultural venture, involves risks. You should carefully consider the risks associated with the Project, detailed in the PDS, and whether it is a suitable venture for you, before making an application to participate in the Project. Neither Timbercorp Securities nor any other person involved in the Project guarantees a return or any particular return from investing in the Project. A discussion of factors affecting returns is set out in section 8 of the PDS.
MANAGEMENT STRENGTH AND EXPERIENCE
Timbercorp currently manages:
more than 91,000 hectares of eucalypt plantations;
the world's largest olive grove on a single site;
the largest single managed almond orchard estate in Australia;
1,250 hectares of citrus orchards; and
412 hectares of table grape vineyards.
650 hectares of mangoes.
800 hectares of avocados
Timbercorp is an ASX/S&P 200 listed company with net assets in excess of $444 million at 30 September 2006. The Timbercorp group of companies has been established for 14 years and they have built a strong financially sound business to ensure that they manage your plantation investments throughout the project term. They are a market leader in agribusiness investment and have a proven track record.
To comply with the Anti-Money Laundering and Counter-Terrorism Financing Act, agribusiness fund managers are now requiring that certified identification documents are provided by investors with applications. To avoid delays in processing your investment, please include identification forms and a certified copy of your ID with your application. more info |
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 100% of the 8.0% upfront commission on investments in the Timbercorp Almonds Project 2007 in the form of a cheque. 2020 DIRECTINVEST will receive a commission in the second and third years of the project. This commission is paid by Timbercorp and is not an additional charge to the investor. |
 Timbercorp AML Form | | Timbercorp Almond Project 07 Adviser Edge Research Report | | Timbercorp Almond Project 07 ATO Ruling Post 30Jun07 | | Timbercorp Almond Project 07 Summary | | Timbercorp Almond Project 07 AAG Research Report | | Finance Application | | Finance Package |
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