Per­fect op­por­tu­nity for ir­ri­ga­tion in the west

NewsMail - Wide Bay Rural Weekly - - News -

A FREEHOLDING ir­ri­ga­tion en­ter­prise span­ning al­most 5000 hectares in Queens­land’s south-west has been listed for sale.

CBRE Agribusi­ness has been ap­pointed to steer the mar­ket­ing cam­paign for Hor­ton­vale – a 4815-hectare ir­ri­ga­tion land­hold­ing un­der­pinned by ex­ten­sive wa­ter re­sources from the War­rego River.

Po­si­tioned about 15 kilo­me­tres from Cun­na­mulla, Hor­ton­vale in­cludes a 36,500 me­gal­itre wa­ter al­lo­ca­tion and ir­ri­gated ar­eas to­talling 1271 hectares.

His­tor­i­cally, the prop­erty has pro­duced a range of con­ven­tional and or­ganic crops, in­clud­ing wheat, sorghum, chick­pea, mung beans, oaten hay and cot­ton.

CBRE’s Danny Thomas said the prop­erty’s sub­stan­tial wa­ter re­sources would at­tract strong buyer in­ter­est from a range of groups.

“Hor­ton­vale will ap­peal to a range of in­dus­try par­tic­i­pants, from gra­ziers to farm­ers seek­ing pro­duc­tion and ge­o­graphic di­ver­sity with scale,” Mr Thomas said. “This is high­lighted from the his­toric crop­ping ro­ta­tion and the abil­ity to back­ground prime lambs. Crop­ping has also ex­hib­ited high yield­ing crops.”

Hor­ton­vale also in­cludes or­gan­i­cally cer­ti­fied ir­ri­ga­tion fields to­talling 110 hectares, in ad­di­tion to high qual­ity fit-for-pur­pose in­fra­struc­ture.

“The or­ganic cer­ti­fi­ca­tion is also a key fea­ture, with it en­abling the prop­erty to be in­te­grated within an or­ganic sup­ply chain and pro­vid­ing the abil­ity to cap­ture or­ganic pre­mi­ums,” Mr Thomas said.

The land­hold­ing, which ben­e­fits from dual frontage to the Mitchell High­way, also of­fers sig­nif­i­cant scope for ex­pan­sion, with po­ten­tial to in­crease wa­ter stor­age from 12,330 me­gal­itres to 20,430 me­gal­itres.

There is also po­ten­tial to in­crease devel­op­ment of ir­ri­ga­tion ar­eas from 1271 hectares to 2682 hectares.

Hor­ton­vale is be­ing of­fered for sale by ex­pres­sion of in­ter­est clos­ing De­cem­ber 2 at 4pm.

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