Auction Wednesday, 24th May at 03:00 pm

Elliot River Horticulture Portfolio

PRICE
Auction Wednesday, 24th May at 03:00 pm
SIZE 667 ha

ELLIOTT QLD 4670

Property Features
  • Land is 667 ha

LAWD and Ray White are pleased to present for sale the Elliot River Horticulture Portfolio, an institutional scale horticultural opportunity, located close to Bundaberg in the productive Coastal Burnett region of Queensland, a premier horticulture region.
Key investment highlights include:
• 667* hectares in total, of which 456* hectares (68%) is considered arable.
• Three non-contiguous properties within a 12* kilometre radius, known as Carina Downs (298.50* hectares), Gillens Creek (318.36* hectares) and Logging Creek (49.86* hectares).
• Currently utilised as an irrigated vegetable/market garden enterprise, focused on the production of capsicum, zucchini, and watermelon.
• Benefitted by a substantial volume of secure water entitlements from various sources and significant on-farm water storages.
• Various sources of irrigation water (groundwater, supplemented and unsupplemented river allocations) and storage and delivery infrastructure triangulate to ensure a high level of irrigation water reliability.
• High quality soil types that have virtually no agricultural limitation and are primarily described as being free draining grey to brown sandy loams, with some areas transitioning toward a self-mulching black loam.
• Excellent climatic characteristics and high annual rainfall (average annual rainfall of 1,006* millimetres).
• Topography is generally level to gently undulating across the properties.
• The foregoing also support the case for land transformation, with the portfolio lending itself to development to permanent plantings such as macadamias.
• Located close to Bundaberg in one of Queensland’s most productive horticultural regions.
• Offered for sale by auction in-one-line or as separate assets.
• Bidders will be required to register prior to auction day.

Terms: deposit 10%, balance 60/90 days

FOR SALE BY AUCTION AT 3PM (AEST) WEDESDAY 24 MAY 2023

To register your interest or to arrange an inspection, please contact:

Simon Cudmore
+61 433 160 413

Danny Thomas
+61 439 349 977

Warren Hitzke – RAY WHITE (conjunctional agent)
+61 437 239 688

Jim Mullett – RAY WHITE (conjunctional agent)
+61 428 871 799

*Approx

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Agents

Simon Cudmore
+61 433 160 413
Danny Thomas
+61 439 349 977
CONTACT AGENT

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