702 Green Pigeon Road Green Pigeon NSW 2474
Sold
- Property Type Horticulture
- Land area approx 115.16ha
- Region Northern Rivers
- Carports 3
- Garages 1
- Toilets 3
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Green Pigeon Avocado Orchard - Outstanding Horticultural Opportunity
You have the opportunity to secure an established fully operational Avocado Orchard with proven performance and profits, in an environment where Covid impacts makes little difference. Commercial Avocado farms are thinly traded giving strength and confidence to this horticultural sector. The orchard produces Hass avocados with approx. 5,700+ trees and has averaged 68,595 trays over the last 3 years despite severe pruning of the orchard one year. An average net profit for the last 3yrs of $1.36mil (excl. any loan interest) makes this orchard a top returning business opportunity. The geographical location of the orchard relative to the growing season presents this farm with opportunities for higher prices for the orchards avocados which increases the ROI. The orchard is well set up and can be picked quickly when prices peak. The farm was purchased for this reason by the current owners as they have over 35 years’ experience in the industry and understand maximising ROI. The farm is fully operational on a moderate scale easily handled with the existing manager and with all necessary equipment to operate the farm and is offered on a WIWO basis. The property occupies approx. 115.16 hectares in total with approx. 36.5 hectares under orchard on fertile well-drained basalt soil, with under-tree irrigation and fertigation equipment to deliver nutrition when needed most. The balance being timbered hill and ridge country, with 114Meg/L water licenses featuring 2 pumps drawing from Fawcett's Creek and a dam and pump for backup water supply. The Executive style low-set brick and colorbond home boasts 4 bedrooms, study, 1 Ensuite, 2 additional toilets/bath, formal and informal living. High raked ceilings and slate tile floors throughout the traffic areas. The solid timber kitchen offers modern appliances and there is an additional separate managers quarters / granny flat and office which is part of the extensive shedding area. With food security of growing importance in the world then this property warrants special consideration. The owners are motivated and have a commitment to dispose of their property assets by a set date in 2020, so are genuine about selling. If you are a genuine buyer looking for a horticultural opportunity with commercial returns then Green Pigeon Avocados may be the answer. For further information or an inspection please call Geoff Venn M: 0405 760 536, E: gvennn.lismore@ljh.com.au
EOI: Closing date 10th August 2020 at 4:00pm
Council Rates
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