Douglas-daly NT 0822

LAWD is pleased to present for sale Cadell, an irrigated cropping development opportunity, underpinned by secure access to groundwater, located between Katherine and Darwin in the Northern Territory’s productive Douglas Daly region.

KEY INVESTMENT HIGHLIGHTS
• Comprising 957* hectares in total, of which 275* hectares have been extensively developed to dripline irrigation.
• Existing Indian Sandalwood plantation with trees planted in 2014*, projected to be ready for harvest within the next five* to 10* years.
• Ideally suited to high-value cropping conversion (cotton, horticulture and intensive fodder production).
• Historically utilised for forestry production, the property is locally referred to as Cadell. It is located in a tightly held and productive agricultural region, surrounded by intensive cropping, forestry and grazing.
• Access to high-quality, secure groundwater via the Oolloo Dolostone Aquifer and two bores, with a combined annual extraction capacity of 2,400* megalitres, providing significant opportunity for conversion to high value cropping pursuits.
• Benefitted by quality soil types (clay loam and sandy soils), an ideal climate and proximity to the Daly River.
• Commodity processing facilities include a newly built cotton gin at Katherine operated by WANT Cotton and Louis Dreyfus Company.
• Situated in the Northern Territory’s Douglas Daly region, in proximity to Douglas Daly (10* linear kilometres), Katherine (120* linear kilometres), Darwin (170* linear kilometres) and Kununurra (336* linear kilometres).

FOR SALE BY EXPRESSION OF INTEREST CLOSING AT 12PM (ACDT) THURSDAY 7 NOVEMBER 2024