Schwartz, Letton and Pike Stanitzki Road,
Pike River, SA 5340
Key property information
Premium Horticulture Development Opportunity
- 130 hectares of almond plantings
- 24 hectares of vines
- 110 hectares (approx.) of plantable land
Located at Pike River near Renmark in South Australia, the Murray River Aggregation occupies a prime position in the Riverland, with other large permanent horticulture developments situated nearby.
Comprising a total land area of 961 hectares (approx.), soil surveys have found up to 806 hectares that are suitable for a range of horticultural crops including nuts, citrus, grapes or avocados.
The land presents extremely well for a large scale, permanent horticulture development, comprising quality soils with minimal to no stone, flat to gently undulating topography and comprising only small pockets of native vegetation.
A major feature of Murray River Aggregation is the significant investment already made by the current owners in preparing the site for a successful development. This includes obtaining Site Use Approvals for the use of 15,446 megalitres of River Murray irrigation water onsite, Site Works Approval for the development of adequate water extraction and pumping infrastructure at the property’s existing pump site as well as the extensive soil testing completed by a highly reputable company. Further, a route for a mainline from the river to the proposed irrigation area has gained the written support from the local council for it to traverse a section of government land.
Council zoning has also been changed to suit a horticulture development.
Locational features of the site include its proximity to multiple Riverland almond hulling and shelling facilities, with the closest being only 3 kilometres away, proximity to large citrus packing sheds with export capabilities, the nearby service centres of Loxton and Renmark, and direct access to major freight networks and markets.
South Australia also enjoys Fruit Fly-free status, providing the opportunity for higher market prices/quarantine benefits compared to produce from competing regions.
During a time of increasing global demand for Australian horticultural produce, purchasers of assets of the calibre and size of Murray River Aggregation are set to prosper.
Murray River Aggregation is for Sale by Expressions of Interest closing Thursday 27 February at 4pm (ACDT).
For further information, please contact Colliers International.
Jesse Manuel – 0421 550 242
Tim Altschwager – 0408 814 699
Property ID: 503427686Last Updated: 19 Feb 2020