Colliers are favoured to present for sale the renowned Wadda Aggregation, an established and diverse horticulture enterprise located in north Queensland, offered for sale by private treaty.
Comprising 830.2Ha* (2050 Acres) across more than 30 titles, the holding bounds the substantial North Johnstone River enabling year-round access to its allocated and reliable water supply.
The Wadda enterprise has been in operation for more than 50 years establishing a leading presence in the banana and across a mix of horticultural industries. The operation benefits from an abundance of deep rich volcanic soils, year-round water supply, full internal irrigation infrastructures, and of an acreage scale, that has taken decades to accumulate.
The aggregation operates as a banana enterprise offering a significant plantation of mature banana trees with fallow lands for expansion or alternate cropping.
Extensive banana infrastructure is in place including a large packaging and processing facility, cold store, offices, workshops, machinery sheds and managers residence.
Wadda Aggregation has been in production of bananas in the region since 1972. The aggregation has proven diversification ability having produced various exotic fruits including papaya, vanilla, dragon fruit and cacao at various stages with some plantings still in place on the property. The operation now focuses on banana cropping however much of the infrastructure remains in place to rejuvenate or restart many of the prior crops or almost any horticultural use.
The Wadda Aggregation provides the opportunity to capitalise on the established banana cropping enterprise, to rejuvenate and expand it or diversify to alternate crops.
Features:
- Substantial 830.2Ha* of freehold land held across 30 plus titles
- Deep, rich, time proven, volcanic soils
- 4500 ML water licencing with substantial river and creek frontages
- Extensive underground and above ground irrigation infrastructure and improvements
- 300Ha* mature banana plantation with over 300Ha* of fallow irrigated land forexpansion or diversification plus a balance of rainforest and grazing land
- Substantial operational improvements including 6-line packing shed, cold storages, workshops and machinery sheds, residence, and former tea house tourism facility
- Extensive list of included plant & equipment
The freehold properties, business, nominated plant & equipment, standing fruit and intellectual property are offered for sale on a walk-in walk-out basis.
For further information or to arrange a site inspection contact the agent.
*approx.
All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.