2004 PROJECT

Subscriptions for the 2004 Project via the PDS dated 23rd April 2004 closed on the 15th of June 2004.

The Offer consisted of two Managed Investment Schemes namely:

  • 2004 Swan Hill Almond Grower Project (Grower Project) ARSN 108 074 719
  • 2004 Swan Hill Almond Orchard Asset Trust (Asset Trust) ARSN 108 074 586

The 2004 Project involves: 

  • The Grower Project involves the growing and management of almond trees in an orchard located near Swan Hill Victoria.  Growers will receive any net almond sale proceeds from the sale of the almonds. 
  • The Asset Trust owns the orchard assets including the land, trees and irrigation infrastructure.  These assets are leased for the Grower Project.  Unitholders receive an annual Trust distribution from Project Year 1.

The 2004 Project offering consisted of up to 800 Grower Allotments (0.25 hectares each) and 800 Orchard Asset Owner Units over a site covering 200 hectares (500 acres).

Grower tax deductions are covered by Australian Tax Office Ruling Number PR 2004/40.

The 2004 Project will have its first harvest in Feb/Mar 2007.  The orchard is expected to reach maturity in financial year 2010/2011.

 

Product Disclosure Statement

 

Project Summary

 

Product Ruling
 
 


Privacy Policy | Terms and Conditions