Bunbartha VIC 3634

LAWD is pleased to present for sale the Goulburn Valley Kiwifruit Orchards, a highly productive kiwifruit, pear and jujube orchard underpinned by first-class irrigation infrastructure and secure access to water, located 15* linear kilometres north of Shepparton in Victoria’s Goulburn Valley region, a region highly regarded for horticultural pursuits.

KEY INVESTMENT HIGHLIGHTS
• Comprising 199* hectares in total across three established orchards, known as Hayward Orchard (70* hectares), Austral Orchard (89* hectares) and Lakes Orchard (40* hectares), located within a four-kilometre radius.
• Currently planted to kiwifruit (109* hectares), pears (7* hectares) and newly planted jujubes** (14* hectares), with substantial opportunity for further development of an additional 28* hectares, which is plantable and ideally suited to further kiwifruit orchards.
• Substantial water entitlements include 1,000* megalitres of Goulburn-Murray Zone 1A water, supplied via Goulburn-Murray Water with direct access to No. 12 Main Channel.
• An extensively developed first-class irrigation system (sprinklers), including an automated MAIT system, fertigation injection, pumps and filtration.
• Benefitted by excellent, free draining soil types (sandy loams), a Mediterranean climate and reliable annual rainfall (352* millimetres).
• A well-designed orchard layout featuring windbreaks to each block, good quality roads, levee banks in place to mitigate high rainfall events and frost fans in lower lying areas to mitigate frost risk, promotes operational efficiencies.
• Structural improvements and operational infrastructure include machinery shedding, workshops (two), nursery, bin storage shed, site office, pump sheds (four), frost fans and two residences.
• Significant opportunity to further develop the additional 28* hectares.
• Triple net lease (until 30 June 2031 with 1 x 10-year & 2 x 5-year renewal options) currently generating a passing rent of $2,262,776* per annum.
• Strategically located in the renowned Goulburn Valley region, one of Australia’s key horticultural regions, supported by multiple labour sources, infrastructure and processing (including the next door packing and grading facility owned by Seeka Australia) as well as being close to the Hume Freeway, connecting both Melbourne and Sydney.
• Close to Shepparton (15* linear kilometres), Cobram (45* linear kilometres) and Melbourne (178* linear kilometres).

FOR SALE BY EXPRESSION OF INTEREST CLOSING AT 12PM (AEST) THURSDAY 29 AUGUST 2024

For further information, please contact:

Danny Thomas +61 439 349 977
Jaclyn Hope +61 424 596 858
Nathan Cleeland +61 497 114 568
Erica Semmens +61 419 714 039

*approximately **jujube plantings not owned by Lessor