LARGE scale Northern Territory horticulture asset The Sweet Life Farms at Lambells Lagoon is on the market.
The property consist of 376 hectares over three contiguous lots.
There are 275ha of available irrigation area plus the opportunity to develop up to a further 50ha.
The Sweet Life Farms has significant irrigation. There are multiple bores on the property which include five active production bores and a domestic bore.
The red loam soils are described as being very well suited to horticulture.
The Sweet Life Farms core business is fruit and vegetable production with the potential to grow rockmelons, honeydew melons, watermelons, pumpkins, mangoes, bananas, pineapples, papaya, durian, bitter melon, passionfruit, dragonfruit and other tropical species.
There are 78 growing blocks, with 20-30 blocks under production (95 hectares) for the pumpkin crop contracted to Woolworths. The production window is recognised as June 1 to October 30.
Currently produce grown on farm is sold domestically through major outlets such as Woolworths and Coles and through Brisbane and Sydney wholesale markets.
Opportunities are also developing further for export. The federal government in conjunction with the NT Government recently announced a $4.8 million investment for Darwin International Airport Freight Hub.
When completed, the facility is expected to allow the export of fresh quality agricultural produce to South East Asian markets, as well as directly to China.
The packing shed has about 2225sq m under roof. The main packing shed also has an office/administration area, a meeting room and a store.
There are two 140 bin coolrooms and five 24 pallet coolrooms.
Other improvements include a two bedroom manager’s residence, staff ablutions and a kitchen, workshop area, five bay machinery shed, and a three bay chemical shed.
The property is fully boundary fenced with two strands of bard and pig mesh.
Sweet Life Farms is for sale through an expressions of interest process. The sale is for land and plant only and does not include the business.
Contact Ben Forrest, 0427 580 000, or Craig Inkster, 0414 550 705, Colliers International.