South River Rd & McGlades Rd Carnarvon, 6701 WA

PLANTATIONS BANANA FARM

5 3 10

230 South River Road, South Plantations. WA 6701
105 McGlade’s Road, North Plantations. WA 6701

The properties are located in the Shire of Carnarvon with the Home Farm approximately 7 kms from Carnarvon and McGlade’s Block some 14km from town.

Plantations Banana Farm is a farm that is dedicated to the production of high-quality bananas and melons. The versatility of the operation could easily switch to alternative fruits or vegetables depending on demand and consumer trends.

The productive area of the farm spans an area of 26.2337 hectares, of which 15.458 hectares are fully developed and optimized for the production of bananas. Around 2.0 hectares of melons are planted annually.

In the summer months, depending on seasonal conditions between 1500 – 2000 crates of bananas are picked per week, while in the winter months between 700 – 800 crates are picked.

On average production is around 60,000 crates of bananas and 450 x 350kg bins of melons annually.

The business boasts an exceptional cash flow, allowing us to maintain a robust financial position. One of the key factors contributing to our financial strength is the efficient weekly payment system.

The business grows and packs bananas, and watermelons which are supplied to all the major chains. Our customers include Woolworths, Coles, Aldi, IGA and various fruit and vegetable retailers.

In order to supply the chain stores we have Freshcare, Freshcare Environmental, HARPS and SMETA Tier 2 accreditation in place.

 State-of-the-art water and irrigation systems
 Valuable 346,000kL water licenses
 15.45 ha consumer preferred banana plantation
 Multi-peril insurance for income protection
 52 weeks cash flow. All year-round income
 Fully compliant with food safety accreditation
 Carnarvon growing region now drought-proofed
 Well-established horticulture operation (19 years)
 Ample machinery, infrastructure & accommodation
 Additional lease may be available (12.32ha)

For Sale By Offers to Purchase
Closing 12 noon Friday 25th August 2023

To obtain a confidential property and business report please call the Exclusive Selling Agent

Glenn McTaggart
Performance Business Sales
Mobile – 0429 611124
Email – glennmctag1@pbsbusiness.com.au

Tender Offers to Purchase

Inspect

Inspection of this property is available strictly by arrangement only.

Contact