Invest in booming nut sector

THIS is a rare opportunity to purchase a first-class, high-yielding macadamia plantation in Bundaberg, Australia’s heartland of macadamia country.

The appetite and demand for macadamias in the marketplace is greatly outstripping supply.

Australia contributes more than 30 per cent of the global crop and each year 70 per cent of the Australian crop is exported to more than 40 countries, but the biggest market for macadamias is Australia itself.

Bundaberg is highly suited to producing macadamias, with the right soil, the right climate and water security.

With such marketplace demand and great prices, well-established and producing farms very seldom come to the market like this.

This property is a 23.61-hectare (58.31-acre) orchard with approximately 23ha (56.81 acres) under trees in Welcome Creek.

Consisting of approximately 8000 trees, 14 years of age, along with a 101-megalitre water allocation, this farm is certainly a high-preforming orchard, yielding 105.26 tonnes nut in shell (NIS) at 10 per cent moisture, or 4.57 tonnes per hectare. With an impressive income of $640,960 in 2018 and operating costs of only $116,312, it’s no wonder farms like this are in such demand.

Expressions of interest on this first-class orchard close at noon Thursday, March 14, 2019.

Contact Aaron Thompson from REMAX Bundaberg by phoning 0409 051 929 or email aaron@rpre.com.au for an information memorandum.