Orrvale VIC 3631

LAWD is pleased to present for sale Project Brooklyn (the Company), a vertically integrated pome fruit enterprise, located in Australia’s premier Shepparton region, Victoria - underpinned by an institutional-scale portfolio of 182* hectares of apple and pear orchards across six aggregations, 2,012* megalitres of secure water entitlements, state-of-the-art packing and storage facilities, and a highly-regarded marketing business.

KEY INVESTMENT HIGHLIGHTS

• Comprising a total land area of 216* hectares, of which 182* hectares has been extensively developed to premium apple and pear orchards, including 36* hectares of Bravo variety orchards and 67* hectares of protective netting.
• A significant grower of apples and pears, respectively, supplying approximately 5,600* and 5,200* tonnes annually.
• Significant capital investment has been made across the portfolio, including an extensive packing facility featuring high-tech grading, sorting and packing capabilities, with associated dynamic controlled atmosphere cool rooms and refrigeration space for 20,000* bins.
• Securely watered via 2,012.2* megalitres of Zone 1A Greater Goulburn water entitlements, including 911.6* megalitres of high reliability and 1,100.6* megalitres of low reliability entitlements respectively.
• Highly skilled and experienced management team in place, further supported by a flexible labour force during peak season.
• Highly regarded throughout the market with an extensive client base, including leading supermarkets, wholesalers, distributors and retailers across Australia, as well as global export relationships.
• More than 20* percent of plantings comprise the IP-protected Bravo variety, which attracts a premium at the retail level and presents a key avenue for potential future growth.
• Turn-key offering on a walk-in-walk-out (WIWO) basis with an extensive suite of first-class plant and equipment to support ongoing operations.
• Benefitted by an ideal climate for pome fruit production and reliable rainfall (average annual rainfall of 482* millimetres), coupled with productive soil types, primarily comprising a mixture of Lemnos and Goulburn loam, Shepparton and East Shepparton fine sandy loam, with very isolated areas of heavier clay loam.
• Ample opportunity for growth through acquisition of further land, expansion of Bravo plantings, technological investment, increased export volumes, expansion of cool storage facilities and value-add of low-grade fruit.
• Located in proximity to Shepparton in the Goulburn Valley region of Victoria, a major town with a population of 68,000* and hub for horticultural production, strategically positioned between Melbourne (164* linear kilometres) and Sydney (595* linear kilometres).

FOR SALE BY EXPRESSION OF INTEREST.

For further information, please contact:

Jaclyn Hope** +61 424 596 858
Nathan Cleeland +61 497 114 568

**Jaclyn Hope is an Authorised Representative of MPF Representatives Pty Ltd AFSL No. 531480 | ACN 647 299 901 Authorised Representative No. 1304894.

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