Now’s the chance to buy a citrus operation
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.