595 Channel Road, Shepparton East, VIC 3631

Highly profitable and strategically located on the eastern fringe of Shepparton in the heart of Victoria's Goulburn Valley, the 38* hectare / 93* acre "Central Park Orchards" aggregation is a powerhouse pear, apricot and plum agribusiness.

A third generation family farm, the immaculately presented 595 Channel Road portfolio consists of 4 titles mostly with a mix of high yield, highly profitable pear varieties and an allocation of apricot and plum orchards that provides further diversification and revenue.

At the heart of the operation a 5000* square metre warehouse includes cool store facilities with 4,310* bin controlled atmosphere (CA) and conventional cold storage capability. The "Central Park Orchards" warehouse complex also includes grading and packing line equipment, office complex, workshop and residential homes used to accommodate farm managers and orchard staff.

The "Central Park Orchards" cool store site consists of 40,546* trees across 4 titles.

? Title 1 (the warehouse, cool store and office complex) located at 595 Channel Road measures 11.25* hectares / 27.80* acres.

? Title 2 located at 579 Channel Road measures 7.09* hectares / 17.52* acres.

? Title 3 located at 625 Channel Road measures 11.51* hectares / 28.44* acres.

? Title 4 located at 120 Hanlon Road measures 7.94* hectares / 19.62* acres.

Exceptionally developed and maintained, new plantings are generally on V trellis with row spacing ranging between 4.5* metres to 5.5* metres. Tree spacing across pear, plum and apricot varieties average around 2* metres. Soil type is predominantly "Brown Goulburn Loam", and the region benefits from temperate climate and average annual rainfall in the vicinity of 440.5mm*. Irrigation infrastructure is fully automated and incorporates Dream Spot irrigation from Talgil including an automatic filtration system and is driven by a 40kw direct pump station.

An allocation of high security water shares and low security water shares are available through secondary negotiation. A comprehensive list of plant and equipment is also available on request.

Zoned "Farming", the property sits in a tightly held area on the eastern fringe of Shepparton, within close proximity to Shepparton's CBD and Midland Highway. Consequently, in addition to the current income produced at the site through the harvest and sale of fruit, the site's location and significant warehouse and hardstand facilities maybe further developed as a major cool store and / or transport and logistics hub.

Open to negotiation, the family will consider several alternative transaction structures including walk-in-walk out, vendor terms or sale and lease back. For further information or to arrange a private inspection, please contact Jason Hellyer on 0403 043 571.

*Approximately.

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