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Summary of Payment Options
A. Cash/Finance
The total Application Money
per Investment Parcel is
$5,339.10 payable for
Investors who invest on or
before 15 June 2008 as
detailed below:
|
Management Fees (inc
$400.00 GST) |
$4,400.00 |
|
Rent (inc $38.10 GST)
|
$419.10 |
|
160 Land Shares at $3.25
each |
$520.00 |
|
Total |
$5,339.10 |
B. Terms Payment
Options
Any Investor who wishes to apply to pay their Application Money using and the Terms Payment Options described below, must complete the Terms Application Form contained within this PDS/Prospectus. Acceptance of the Investor's Terms Application is conditional upon the Responsible Entity's acceptance of the Investor's Term Application.
1. Terms Payment Option - 1 Year
Upon Application - deposit of $438.10
Monthly Instalments - 12 equal monthly payments of $443.20 per Vinelot (includes interest at 11.5% per annum)
The 12 monthly instalments cover the balance of the Application Money per Investment Parcel, interest and a terms application fee of $100 per vinelot (inc GST). Stamp Duty may also be payable.
|
Management Fees and Rent (inc GST) |
$4,819.10 |
|
Land Shares 1,056 x $3.25 |
$520.00 |
|
Terms Application Fee (inc GST) |
$100.00 |
|
|
$5,439.10 |
|
Less Deposit |
$438.10 |
|
Terms Amount |
$5001.00 |
Attributes for Investors
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• |
No start-up risk – investors are being offered Vinelots in a Project which is fully established and has already established domestic and international distribution outlets for its premium wines |
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• |
Land ownership – participation in land ownership will supplement the benefits from the sale of premium Margaret River Watershed wines through annual dividends and increases in land value |
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• |
Brand Ownership – 50% of the Watershed Premium Wines brand is owned by Watershed Land Ltd |
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• |
Wine Club Membership – provided automatically to 2007 Growers enabling wine purchases at a discount of 25% to normal cellar door retail prices, a 10% discount on all clothing purchases at the cellar door and 10% off the cost of food and wine at the Watershed restaurant and cafe |
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Flexibility of investment – the Vinelot and Land Shares can be held in different names |
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Product Ruling 2008/05 has been issued by the Australian Taxation Office for the Margaret River Watershed Premium Wine Project 2008 providing Investors with security with respect to their tax deductions |
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