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| Rebate Offer |
8.0% (80%) |
| Minimum Initial Investment |
$5,500 (incl GST) |
| Expected Close Date |
CLOSED |
| Description |
Willmott Forests is a quality endorsed, fully integrated forestry company that manages in excess of 24,000 hectares of softwood plantations. |
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The Willmott Forests Premium Forestry Blend Project 2009 combines three plantation forestry species: She-oak, Radiata pine and Silly Oak in a single agribusiness project. Investors can become growers of a unique mix of plantations that are designed to diversify risk through the combination of three different species planted in different regions with different end products and provide multiple income streams.
About the timber species
- Radiata Pine - for softwood sawlogs and pulplogs. The primary use of softwood sawlogs sold in Australia is the production of structural sawn timber used in house construction and this market is dominated by softwood. A minimum of 383 seedlings will be planted per woodlot.
- She-Oak - a fast growing biomass species that can be converted into charcoal, high density pellets or renewable energy. It is anticipated that the She-Oak will be harvested at two to three year intervals (it regenerates after harvest). A minimum of 686 seedlings will be planted per woodlot.
- Silky Oak - a high value sawn hardwood timber resource. A minimum of 224 seedlings will be planted per woodlot.
Willmott Forests will plant, manage and harvest your agribusiness plantations across south eastern Australia, northern New South Wales and southern Queensland. So that the term of the investment is comparable to most forestry projects available to Australian investors, Radiata Pine will be sold as standing timber in year 15 with a price guarantee from Willmott Forests.
Key Features
- Multiple distributions: different years of income distribution.
- Diversification:
- Species: each species had a different cash flow and characteristics.
- Geographically: products are spread over different plantations on different locations
- Pooling: a Growers Woodlots is part of a pool and will be distributed as a pool. This reduces the risks for investors of whose Woodlots perform under their capability compared to other Woodlots.
- Guaranteed sale of Radiata pine: if the Radiata pine is not sold at a price that is at least equal to 90% of independent valuation, the Responsible Entity will either ‘top up’ from its own resources until they equal 90% of the independent valuation or purchase the standing Radiata pine at a price equal to at least 90% of the independent valuation.
- Stocking guarantee and insurance: two year guarantee of replacement and re-establishment if more than 15% of the initial seedlings are materially damaged in this period.
The Australian Taxation Office has issued a Product Ruling PR 2008/60 on this project endorsing the 100% tax deductibility of the application price. The application price is $5,500 (incl GST) and the investment term is approximately 16 years offering multiple periods of income distribution:
| Species |
End Products |
Year of Income Distribution |
| She-Oak |
Biomass to produce renewable energy |
3, 5, 7, 9 |
| Radiata pine |
Structural timber, newsprint, pulp |
13 and 15 |
| Silky Oak |
Veneer, high value decorative timbers |
10 and 15 |
Willmott Forests is the largest developer of softwood plantations in Australia. It is a fully integrated business with downstream processing operations in Bombala that provide timber products for the Australian market. Willmott Forests manages over 47,000 hectares of plantations on behalf of more then 4,600 investors. The total assets of Willmott Forest are about $247 million as at 31 December 2007.
| Fee Disclosure | | 2020 DIRECTINVEST will rebate 80% of the 10.0% upfront commission on investments in the Willmott Forests Premium Forestry Blend Project 2009 in the form of a cheque. 2020 DIRECTINVEST will retain 2.0% to cover the costs of marketing, postage & handling and administration of this fund. No trailing commission is paid by Willmott Forests. |
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| Entry Fees | Entry fees are optional. Are you paying entry fees on existing managed funds? more info
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| Willmott Forests Project | Access the Willmott Forests Project 2009 and other latest offer agribusiness projects through 2020 DIRECTINVEST.
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