McGrath Riverina is please to present to the market 2128 Coughlan Road Leeton.

This highly developed 84.5Ha block is at the start of its productive life with approximately 80Ha now fully developed.

Approximately 66% of the property was planted in 2015 with the balance in 2019.

Plantings include:
50% Non Pareil
25% Price
25% Monterey

The vendor estimates the 2024 harvest to be in the order of 200T of kernel given the very heavy seed set and improved growing conditions. This would see yield averages around 2.5T/Ha across the full 80Ha of orchard, with subsequent target yields 0f 3.5 – 4.0 T/Ha as the grove matures.

Property Improvements include:
– 12ML Storage Dam
– 630 M.I. Delivery Entitlements on a 15 ML/Day outlet.
– New 24m x 30m harvest storage shed with concrete floor.
– Pump and Fertigation shed.
– Fertigation mixing plant.
– Cummins Diesel motor and pump feeding fertigation system.
– Almond plantation grown on raised beds with good drainage.
– Soils from red loams to clay loams.
– Centralised water main with twin drippers for each bed.
– Close proximity to Leeton and processing plants at Griffith.

This is an outstanding, mid sized operations with a whole life of returns in front of it. The property has been well laid out and has been given everything it needs to maximise returns for a long time to come. With the price of almonds beginning to increase, the discerning buyer will see an opportunity to add this blue chip operation to their portfolio. For those looking for an absentee investment, there are management companies in the area that can handle the day to day operations.

Please contact Jason Haines on 0488 594450 to book your private inspection.