Sugarcane farm at Bundaberg to become macadamia farm after $2 million Bucca sale

Sugarcane farm at Bundaberg to become macadamia farm after $2 million Bucca sale
Sugarcane farm at Bundaberg to become macadamia farm after $2 million Bucca sale

Bucca, a 123ha farm in the Bundaberg region, has been purchased by an Asian based buyer for $2 million with future plans to convert the property from sugarcane to macadamia production.

Trenton Hindman, at Colliers International, marketed the property for Bucca Investments Pty Ltd who have owned it since 2007.

“This sale showcases a perfect mix of foreign capital investment, Australian horticultural expertise and management, and ultimately the export of the popular macadamia nut,” said Mr Hindman.

“There is an interesting trend currently occurring in the Bundaberg region where we are seeing a change of land use from sugarcane to tree crops.”  

Located at 123 Mahoneys Road in Bucca, this freehold irrigation property consists of five titles of irrigated grey loam river flats.

Tags: 
Bundaberg Bucca

Comments

Be the first one to comment on this article
What would you like to say about this project?