CBRE Agribusiness is pleased to present the Duxton Apples Portfolio comprising three separate landholdings of both freehold and leasehold interests being Loxton (freehold), Monarto (freehold) and Nangwarry (leasehold).
Loxton: 345 Anderson Road, Loxton North SA 5333
Monarto: 5 Arbon Court, Monarto South SA 5254
Nangwarry: 57 Nangwarry Station Road, Nangwarry SA 5277
PORTFOLIO
Loxton: 5 Certificates of Title | Total land area of 125.11Ha* | 107.53Ha* planted (93Ha* under net)
Monarto: 2 Certificates of Title | Total land area of 1.99Ha* | GLA 5,157m2* | 1,600m2* cold storage facility across 7 cool rooms (1,100* bins per room)
Nangwarry: 2 Certificates of Title | Total leased land area of 302.86Ha* | 105.56Ha* planted | Lease expiry: 30/06/2040
The portfolio will initially be offered for sale in one-line with a sale and leaseback opportunity available (terms to be negotiated)
PLANTINGS
Currently planted to 213.09Ha*
Varietals include Pink Lady (~60%), Granny Smith (~25%) and Gala (~15%)
Plantings have occurred between 1998 and 2022
Scope to increase plantings by ~25% by developing unplanted land (50Ha*)
IRRIGATION
Loxton: Irrigation water is supplied via Central Irrigation Trust (CIT) and consists of predominantly drip irrigation
Nangwarry: Irrigation water is supplied via bore and consists of drip irrigation
2023 PRODUCTION
Loxton: 7,630* bins
Nangwarry: 12,428* bins
Total (Loxton and Nangwarry): 20,058* bins
For Sale via Expression of Interest closing on Thursday 14 March 2024 at 4pm (ACDT).
For further information, please contact the below personnel:
Angus Bills: 0400 859 634
John Harrison: 0404 335 267
*approx.
