THE controversial Grantham Quarry has been transformed into a valuable water resource for intensive food production operations.
Local resource company Zanows Group has rehabilitated the property to position it for a new life focused on agribusiness. The property has been renamed Lockyer Agri Centre, reflecting the future vision for the property.
Zanows chief executive officer Steve Pyne said the rehabilitation work had been carried out over the past three years, working closely with the community and Lockyer Valley Regional Council.
"The property is now ready for a new life in what could be more intensive agribusiness ventures such as aquaculture, vertical farming, horticulture and feedlotting," Mr Pyne said.
The property's location in proximity to air freight into China, via Wellcamp Airport, is a key link to higher value primary product distribution.
The recently opened Toowoomba Second Range Crossing and the national inland rail connection also add to the strategic value of the property.
The property is to be put on the market Scan Property Consultants with the objective of identifying the best agribusiness outcomes to benefit all stakeholders, in the main being a positive legacy to the general community.
Scan director Matthew Richards said the property was an untapped opportunity for large scale intensive agribusiness ventures providing jobs and investment into the area.
"This hinges on the excellent logistics links, solid labour pool, heavy power and potential of some 2500-7500 megalitres of water capacity," Mr Richards said.
"The water is paramount when it is becoming an ever increasingly scarce and valuable commodity."
Former owner John Wagner said he was glad to see the property transformed and hoped to be an indirect part of its ongoing success in product distribution through the Wellcamp Airport.
Expressions of interest close with Scan Property Consultants on October 24.
Contact Matthew Richards, 0413 716 557, Scan Property Consultants.