2005 PROJECT

Subscriptions for the 2005 Project via the PDS dated 29th March 2005 closed on the 15th of June 2005.

The Offer consisted of two Managed Investment Schemes namely:

  • 2005 Swan Hill Almond Grower Project (Grower Project) ARSN 113 186 468
  • 2005 Swan Hill Almond Orchard Asset Trust (Asset Trust) ARSN 113 186 495

The 2005 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, water licences.  These assets are leased for the Grower Project.  Unitholders receive an annual Trust distribution from Project Year 1.

The 2005 Project offering consisted of up to 1600 Grower Allotments (0.25 hectares each) and 1600 Orchard Asset Owner Units over a site covering 400 hectares (1,000 acres).

Grower tax deductions are covered by Australian Tax Office Ruling Number PR 2005/28 (Investors pre 15th June 2005) & PR 2005/29 (Investors post 15th June 2005).

The 2005 Project will have its first harvest in Feb/Mar 2008.  The orchard is expected to reach maturity in financial year 2011/2012.

 

Product Disclosure Statement

 

Project Summary

 

Research Report

Research Report

Product Ruling

Product Ruling (Addendum)

Late Grower Product Ruling

 

Late Grower Product Ruling (Addendum)

 

  
 
 


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