SECURE income? Check. Burgeoning industry? Check. Diversification opportunities? Check.
If you are starting to get the point and are keen for a new investment containing all of the above, Brownport Almonds may be just the answer you were looking for.
Located at Nangiloc, in the heart of the Sunraysia, Victoria’s horticultural hotspot, this property has income plus opportunity written all over it.
The Australian almond industry is on its way up – plantings have increased seven-fold in the eight years to 2007 to a total of 26,000 hectares and almonds are currently the fastest-growing horticultural industry in the world.
Brownport currently sports about 143ha of plantings, broken down into 77.3ha of seven-year-old trees, 48.3ha of six-year-old trees and 17.6ha of five-year-old almond trees, all drip irrigated by re-lift pumps.
And the ability to value-add to the investment is at arms reach, with an abundance of land – 58.7ha in fact –vacant and already equipped with live irrigation and drainage mains, ripped and fertilised and remaining arable land comprising 176.1ha, able to be serviced from the existing external supply infrastructure.
A further area of 42.5ha has been set aside for a future drainage water disposal pursuant to the requirements of the Nyah-South Australia Border Salinity Management Plan.
The property holds a 20 megalitre water license and currently operates using temporary water allocation.
Irrigation is sourced by a lift pump on the Murray River, which lies to the east of the property, and a large scale
capacity pipeline running about 8.5 kilometres to the re-lift pump site.
For full story see Stock & Land, September 18.
