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3550 Wangaratta-Yarrawonga Road, Esmond Vic 3730

$2,450,000

3550 Wangaratta-Yarrawonga Road, Esmond, Victoria

3550 Wangaratta-Yarrawonga Road, Esmond Vic 3730

TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE 'GET IN TOUCH' BUTTON ABOVE

12000 trees olive grove in a highly suitable and productive region of Australia with an opportunity to make it 27000 trees grove.

- 176 Acre property with two titles, two road access, north eastern sloping aspect and 1 km Ovens River frontage on eastern side.

- 100 acres olive grove and 76 acres vacant land which is presently used for cereal crop and grazing.

- Olive grove-12000 matured olive trees: varieties- Frantoio 5000, Correggiola 3500, Leccino 1500, Manzanillo 1000, Kalamata -500 and Jumbo Kalamata 500. Producing
65,000 ltrs of Extra virgin olive oil and 25 tonnes of table olive in high season.

- 65 m deep bore, submersible pump, self cleaning filter with 100 ML of ground water entitlements and license (GMI)

- Automated irrigation system with rain sensor for irrigation control. Underground main pipes and about 60 Kms of lateral irrigation pipes with sprinklers to each tree.

- 35 HP electric water pump set with filters and 5 ML of High Security plus 13 ML of low security surface water entitlements and license (GMI).

- Machineries included in the sale: Shaker -Catcher combo olive harvester (Replacement cost for new $350K), 85 hp Lamborghini cabin tractor, 2000 Silvan orchard sprayer,
45 hp Deutz air cooled engine tractor with bin lifting fork, 12ft slasher (pto and hydraulic operations) Heavy duty mulcher, Fork lift, 8 tonnes automatic gear Hino truck, 4 x 20
ft refrigerated shipping containers with canopy and about 150 fruit bins. Option to purchase all other items/ required items on the property through negociations.

- Loading and unloading ramp for stock and heavy machinery handling.

- 21 x 13 meters partially concreted shed, within which 2 rooms/office, 1 bath room and kitchen for owner/care taker.

- 4 refrigerated 20 ft shipping containers with canopy for oil storage/ machinery.

- 3 phase power line with 50 KVA transformer already installed at owners cost on the property, which can facilitate to install up to 50 kw solar system on the available roof
space to cut down operating cost.

- Shire council approval in place for 60 persons farm stay accommodation and cellar door with time extension to complete and put to operation by Sep 2019.

- Substantial works is already carried out to establish farm stay accommodation by installation of 10000 ltr water tank, septic system and converting part of shed into
dormitories.

- Projected average annual cash flow after farm stay and cellar door are established and put to operation can be about $ 600K ( Bulk Oil sale- $275K, Table fruit- $75K, Crop
and grazing-$10K, Cellar door retail oil sale – $90K and farm stay accommodation- $150K)

- Vacant land block on western side is prepared and ready for planting additional 15,000 trees on the property. Design and plans are in place to install main and lateral
irrigation pipes for extending olive grove on western side (vacant block) for which sufficient water, machinery and infrastructure is readily available.

- Additional olive trees can be planted in the vacant block effectively, efficiently and economically by raising the seedlings from Frantoio and Correggiola varieties (best oil
varieties) of the property in a nursery onsite and planting them on vacant block to change the property in to 27000 trees olive grove for making the property still more
economically opera table and weighable.

- Years of hard work has been done, substantial amount spent for machinery and for developing the infrastructure and facilities. Selling for genuine reasons.

All reasonable offers considered for quick sale.

TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE 'GET IN TOUCH' BUTTON ABOVE

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.

Features

General Features

  • Land Size: 176 acres (approx)

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Last updated: 9th October 2018

Summary

Property Type
Horticulture
Contract Type
For Sale
Location
 Esmond
State
 Victoria
Price
$2,450,000
Land Size
176 acres (approx)

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For Sale or Rent by Owner

For Sale or Rent by Owner

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For Sale Or Rent By Owner