$70 million Menindee Seedless grapes holding for sale in Central Queensland

$70 million Menindee Seedless grapes holding for sale in Central Queensland
Jonathan ChancellorOctober 24, 2016

The $70 million irrigated farming property that producers of the famous Menindee Seedless grapes has been listed for sale.

Evergreen Farms in Central Queensland is one of Australia's largest horticultural operations.

Evergreen is the major supplier of Menindee Seedless, Flame Seedless and Crimson Seedless grapes that make their way into IGA, Coles, Woolworths and ALDI. 

CBRE Agribusiness have been appointed to sell the 5077-hectare farm at Emerald.

About 403 hectares are planted to table grapes, 29 hectares planted to lychees and 353 ha developed and ready for planting. 

The vendors Pacific Century Group invested more than $100 million to transform what was once a cattle grazing block, now positioned to benefit from growth in exporting.

The property also has a flood margin licence to occupy 1230 hectares adjacent to Fairbairn Dam.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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