3 ADJOINING FREEHOLD TITLES

ADDRESS: 15.5 Klms north of Gympie and located on Aural Vale Road within the North Deep Creek District.

LAND AREA: Lot 228 15.85 hectares. Lot 244 25.24 hectares. Lot 247 15.92 hectares. Total: 57.01 hectares (140.87 Acres)

UCV: $310,000 (30/06/2008)

AREA UNDER TREES: Approximately 29 hectares, balance area taken up by tree rows, turnouts, water, grazing areas plus a small area of native forest.

COUNTRY: Excellent blend of mostly clean and gently undulating scrub and forest soils, easy to handle warm country being on 3 freehold titles, all with excellent home sites. Property bounded on one long boundary by State Forest, another boundary by North Deep Creek. Surrounding locality is a mix of rural / residential home sites / hobby farms and larger aggregations utilised for grazing purposes.

WATER: Watered by long frontage to North Deep Creek with a 40ha irrigation licence (#39940l), plus, large irrigation dam of approx. 12 mega litres, plus 2 other dams. Water from irrigation dam syphoned or pumped via 50mm mainline back to pumping station area when required.

MACADAMIA TREES: Most trees irrigated via recently fitted filtration system (6,327 trees irrigated via suspended sprinklers) – all controlled via solenoid systems. The property is planted with approximately 7,200 Macadamia trees. Spacings are predominantly 10m x 4m (medium density). Average planting density 247 trees / ha. Approximate ages of trees: 5,158 planted 1984/5, 1,169 planted 1988, 876 planted 1993 (non irrigated).

STRUCTURAL IMPROVEMENTS: Mains power is connected to the property. Machinery and dehusking shed 15.20 X 12.16 X 4.2m concrete floor. Machinery shed 20 X 8 X 2.6-3.8m. Chemical shed 2.0 X 2.0m concrete floor. Ablutions shed 1.67 X 3.14m concrete floor. Pump and filter shed 4 X 3m.

COMMENTS: “Danesh Plantation” is a fully operational Macadamia plantation and all indications are that it will have a terrific crop this coming season. Farm setup shows that the property is extremely easy to manage and could be run by an experienced single operator. Historical production data shows that the farm is capable of performing extremely well. This good farm setup and lower management costs make the farm more economically viable than many farms with similar tree numbers. Mac prices are up, demand is up, inventories are down. This is the time to get into the Macadamia industry, all the hard work has been done on this one, you can basically just walk in and put money in your pocket.

DANESH IS TO BE AUCTIONED AT THE RIVERSIDE CENTRE IN BRISBANE AT 10AM ON THE 19TH OF NOVEMBER 2010

REFER TO AGENT TO VIEW WATER LICENCES, PLANT / EQUIPMENT AND PRODUCTION FIGURES

Sustainability Declaration available in office by collection, email or fax