Share this property
Colliers - ADELAIDE

Mirage Citrus 582 Government Road Renmark West, SA 5341

Mirage Citrus 582 Government Road,
Renmark West, SA 5341

Commercial Farming & Rural

Price information


Contact Agent

Key property information

Sold on

Colliers - ADELAIDE
Jesse Manuel
Tim Altschwager

Colliers - ADELAIDE

Level 9, 121 King William Street
Colliers - ADELAIDE
Mirage Citrus 582 Government Road
Renmark West, SA 5341



‘Mirage Citrus’ – Premium Citrus Orchard

  • 95ha citrus & 25ha ready to plant
  • High security water entitlements
  • Expertly developed and managed
Mirage Citrus is a very well developed and maintained citrus orchard located at Renmark, the largest town in South Australia’s Riverland region.

This attractive property occupies a prime position in proximity to the Renmark town centre and comprises a total land area of 153ha (approx.) across nine Titles.

The property is being offered with two options for prospective purchasers: either a sale and leaseback to the current owners, making for an attractive and passive agribusiness investment, or with vacant possession for buyers who wish to be owner-operators.

The 120ha (approx.) of irrigable area comprises 95ha of citrus plantings developed from 1979 through to 2019, with the most recent plantings comprising 22 hectares of Lemons, Afourer and Cara varieties planted in 2018/19; and an additional 25ha (approx.) of prepared land ready for additional plantings.

Other varieties include Tahitian Limes, Navelinas, Washington Navels, Late Navels, Valencias and Winter Valencias.

Water for irrigation is sourced from the Renmark Irrigation Trust and the irrigation infrastructure and system has recently undergone significant upgrades.

Structural improvements comprise extensive shedding with exceptional access and storage capabilities, site offices and staff amenities plus a three-bedroom residence.

With its attractive scale, productive performance, agronomic health and increasing production upside, Mirage Citrus is an exceptional horticultural asset with the added benefit of permanent entitlements to high-security irrigation water.

Investors interested in the asset as a leased investment are being offered an initial leaseback term of 15 years on a triple net basis, with four 5-year options and annual rental income of $420,000.

Mirage Citrus is For Sale by Expressions of Interest, closing Friday 19 March at 4pm (ACDT).

To obtain an Information Memorandum or request an inspection of Mirage Citrus, please contact Jesse Manuel or Tim Altschwager of Colliers.

Property ID: 503296634Last Updated: 16 May 2021

Colliers - ADELAIDE
Level 9, 121 King William Street
progress tick

Sending email...

Make an enquiry

What's your enquiry about?


Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Colliers - ADELAIDE

Other properties you might be interested in based on the location and property type you are looking at.