Now’s the chance to buy a cit­rus op­er­a­tion

Central and North Burnett Times - - NEWS - JU­LIAN LEHNERT ju­lian.lehnert@cnbtimes.com.au

A SE­RIES of cit­rus or­chards on the out­skirts of Gayn­dah has just hit the mar­ket, as the cur­rent own­ers plan to ex­pand the ca­pac­ity and va­ri­ety of fruits on of­fer.

Shep­herd Cit­rus, which con­sists of three or­chards in the Gayn­dah area, is be­ing pro­moted as a “dy­namic” op­por­tu­nity for po­ten­tial buy­ers, with wa­ter avail­abil­ity and in­fra­struc­ture touted as “above in­dus­try, av­er­age” by real es­tate agency Col­liers In­ter­na­tional. Cur­rent own­ers, Glen Aros and Dirn­bir or­chards, which make up Shep­herd Cit­rus, are at­tempt­ing to shift to an ex­port-heavy strat­egy be­fore the busi­ness is sold, aim­ing to nearly dou­ble the num­ber of cit­rus trees.

“There is a pro­gram in place to in­crease the ca­pac­ity of trees from about 20,000 trees to 37,000 by 2021,” said Peter Ue­ber­gang, a mar­ket­ing agent with Col­liers.

“The rea­son for ex­pan­sion is to keep in favour of the va­ri­ety type – the Tan­gold va­ri­ety – which is favourable in main­stream su­per­mar­kets and as an over­seas ex­port.”

“It’s about stay­ing in fash­ion and stay­ing favourable in the mar­ket,” he ex­plained.

“Gayn­dah is an in­ter­na­tional ex­port hub.”

The seed­less Tan­gold man­darin will re­place the pre­vi­ously pop­u­lar Mur­cott va­ri­ety, a man­darin-or­ange hy­brid, and make up al­most half of the or­chards’ yields by 2021.

Mr Ue­ber­gang is con­fi­dent the busi­ness will find a new owner soon, but is un­able to state for cer­tain if the or­chards will con­tinue to be Aus­tralianown­ed and op­er­ated.

“I don’t think (Shep­herd) will be owned by a for­eign com­pany – those who are in­ter­ested are usu­ally Aus­tralian busi­nesses with for­eign ties,” Mr Ue­ber­gang said.

“It will most likely be lo­cally-op­er­ated, be­cause they know what they are do­ing.”

“How­ever, if some­one who is in­ter­ested is from over­seas, they will have the op­tion to ex­port back to wher­ever they come from.”

OR­CHARD DE­TAILS Where: 133 John Tay­lors Rd, Gayn­dah

Land area: 155.20 hectares, with 69 hectares un­der tree

Cost: ex­pres­sions of in­ter­est clos­ing March 18 at 2pm

Con­tact: Phone Raw­don Briggs on 0428 651 144 or Peter Ue­ber­gang on 0447 007 744 for de­tails.

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