HORTONVALE, a 4815ha (11,898 acre) irrigation enterprise underpinned by extensive water resources from the Warrego River at Cunnamulla, is for sale.
Located 15km from Cunnamulla, Hortonvale includes a 36,500 megalitre water allocation and irrigated areas totalling 1271ha.
Historically, the property has produced a range of conventional and organic crops including wheat, sorghum, chickpeas, mung beans, oaten hay and cotton.
Danny Thomas, from marketing agent CBRE Agribusiness, said the property’s substantial water resources would attract strong buyer interest from a range of groups.
“Hortonvale will appeal to a range of industry participants, from graziers to farmers seeking production and geographic diversity with scale,” Mr Thomas said.
“This is highlighted from the historic cropping rotation and the ability to background prime lambs. Cropping has also exhibited high yielding crops.”
Hortonvale also includes organically certified irrigation fields totalling 110ha, in addition to high quality infrastructure.
“The organic certification is also a key feature, with it enabling the property to be integrated within an organic supply chain and providing the ability to capture organic premiums,” Mr Thomas said.
The landholding, which benefits from dual frontage to the Mitchell Highway, also offers significant scope for expansion, with potential to increase water storage from 12,330ML to 20,430ML.
There is also potential to increase development of irrigation areas from 1271ha to 2682ha.
Expressions of Interest close on December 2.
Contact Danny Thomas, 0439 349 977, or Geoff Warriner, 0408 687 880, CBRE Agribusiness.
