449 North River Road, North Plantations, WA 6701

449 North River Road, North Plantations, WA 6701 Bumbak & Sons - "Terra & Sunsweet"

A significant price reduction from the vendors and a willingness to negotiate to a win:win outcome.

The offering of 'Terra' and 'Sunsweet' provides an astute agricultural investor the rare opportunity to purchase an established table grape enterprise in one of Australia's most well-recognised food producing regions.

'Bumbak & Sons' operate the two properties which consist of 70.29ha of rich, alluvial soil and 750m of Gascoyne River frontage within the Carnarvon Horticultural District. This highly regarded enterprise combines considerable production capability, substantial water allocations and sufficient scale to ensure the long-term profitability of either a large family operation or a diversified agribusiness.

This generational family business specialises in the production of quality red, green and black table grapes for Western Australian, interstate and export markets, with the first grape plantings established in 2002. Supplementing the table grape enterprise, 'Bumbak & Sons' are a grape rootstock nursery, as well as harvest up to 200 Kensington Pride and R2E2 mango trees annually. 'Terra' is the original family property, while 'Sunsweet' was purchased in 2015 with bring the area under vine to approximately 41ha.

Mature fruit is harvested over a 90 day period from mid-November to February, with all processing and packing completed on-farm in a modern, purpose built facility incorporating cool-rooms, packing rooms, QA office and staff amenities.

Collectively, the properties now contain 32 individual blocks with established vines. The rows are planted at 3.3m spacing, with 2.4m spacings between each vine. The trellising, irrigation network and supporting infrastructure are in excellent condition, ensuring the new owner can focus on the broader business.

The meticulous attention to detail of the current owners is evident in the presentation of the properties vines, the quality of the improvements and consumer recognition of the 'Bumbak & Sons' brand.

This property has been thoughtfully developed and immaculately maintained, with modern processing facilities enabling the best possible post-harvest produce handling and quality housing ensuring the attraction and retention of long-term staff for an incoming owner.

A comprehensive Information Memorandum and productions statistics are available to genuine buyers. For further information, please contact Yves Beagley, Nutrien Harcourts on 0438 326 608 or [email protected]