As the prime selling period for kiwifruit orchards approaches, MyFarm is putting together a SunGold cash ready syndicate that that will help ensure our investors secure the highest quality properties at tender.
Since 2015, MyFarm syndicates have purchased 14 kiwifruit orchards. These investments have delivered an average cash return of 10% p.a over the last three years. Gold Income Limited Partnership is an opportunity to access these returns through the proven lease-based model with upside through profit share.
Returns: Target distributions 7 - 8% p.a. and minimum of 6.5% p.a.
Assets: Limited Partnership aims to purchase up to four geographically diverse SunGold orchards in 2021.
Investment Criteria: Properties identified for purchase must meet prescribed investment criteria.
Governance: Board to be led by David Jensen, an independent Chairman of 9 MyFarm kiwifruit syndicates, kiwifruit grower and director of a major packhouse operator.
Minimum investment: $50,000
Payment: 100% ($1.00/Unit) required on application.
Offer status: We have now reached the required capital to commit to an orchard tender and continue assessing orchards for potential purchase.
Offer close: 5pm, Friday 14 May 2021.
Syndex: View Offer on Syndex by clicking here.
Grant Payton
Karen Richardson