LAWD is pleased to present for sale Koorelah Farms (the Company or the Portfolio), an institutional-scale, vertically integrated horticultural enterprise, specialising in the production of outdoor, vine-ripened gourmet tomatoes, located in the renowned Whitsundays Bowen-Gumlu region of North Queensland.
KEY INVESTMENT HIGHLIGHTS:
An award-winning enterprise and one of Australia's largest growers of outdoor vine-ripened gourmet tomatoes, producing approximately 6,000* tonnes annually.
Comprising a total land area of 274* hectares (178* hectares owned; 96* hectares leased), of which 239* hectares has been extensively developed to prime irrigated farmland (168* hectares owned; 71* hectares leased).
Secure access to irrigation water via 617* megalitres of water entitlements, including 369* megalitres associated with owned properties and 248* megalitres associated with leased properties, as well as an additional 25* megalitres available through a Water Supply Agreement with the Whitsunday Regional Council, as required.
A highly regarded industry player with an extensive client base, including leading supermarkets, wholesalers, distributors and retailers across Australia and New Zealand.
Benefitted by productive soil types, comprising predominantly black to brown sandy clay, clay loams, sandy loams and sandy alluvial loams, coupled with a favourable climate and reliable rainfall (average annual rainfall of 851* millimetres).
Significant capital investment has been made across the Company, including an extensive packing facility featuring high-tech grading, sorting and packing capabilities with associated cool rooms and refrigeration, and a self-reliant power source (400* kilowatt solar array and 645* kilowatt battery storage).
Ample opportunities for growth through expansion of horticultural lines, acquisition of further land, increased export volumes, increased utilisation of the packing facility, vertical integration and value-add of low-grade fruit.
Turn-key offering on a walk-in-walk-out basis with an extensive suite of best-in-class plant and equipment.
Strategically located in the Whitsundays Bowen-Gumlu region of Queensland, a major hub for horticultural production, close to Bowen (four* linear kilometres), Proserpine (56* linear kilometres) and Mackay (159* linear kilometres).
FOR SALE BY EXPRESSION OF INTEREST
For further information, please contact:
Jaclyn Hope +61 424 596 858
Alex Horan +61 400 886 560
*approximately
