Pine Creek NT 0847
$5,500,000 Negotiable

DESCRIPTION

Phone enquiries - please quote property ID 12265

HIGHLY PROFITABLY BUSINESS – (MANGO PLANTATION)
STAFF IN PLACE
GUARANTEED NO FLOODS AND NO DROUGHTS
Located on the Stuart Highway 230km south of Darwin & 90km north of Katherine.
Close to Pine Creek, a small township with a mining history, 2 local pubs, race club, golf club, council services, primary school, high school bus to Katherine daily, sporting facilities etc.
Houses & Packhouse are approx 1km from highway via a sealed internal road.

TOTAL AREA SIZE 95.82 HA FREEHOLD

'PROFITABILITY'

2010 Profit (PRICE EARNING RATIO) 9 ($600,000).......2017 estimate profit (PER) 4.5 ($1,350,000).
no other Horticultural Business in Australia can match this return on investment.
Power is supplied from Power & Water grid. Two separate supplies are connected, both with 100amp x 3 phase. Plenty of water from 8 recently deepened dams & 3 weirs.

Total plantation 6250 mango trees includes 3230 mature trees. Plantation is seed weevil free allowing mangoes to be sold exclusively into the Perth Market at a premium price.
Nett $ yield is 80% above average NP prices. Good all weather sealed road internal & external - road trains carrying mangoes don't leave the bitumen.

Well above average infrastructure - plant & equipment near new or maintained to highest standards, said to be the best in Australia. Full inventory list available on request.

Price includes 4 bedroom, 3 year old family home plus 3 bedroom upmarket home including office & inground swimming pool. Work accommodation site for approximately 30 seasonal workers.

Full cycle transition + trained people in place that will go with the business.

This is your opportunity to purchase a winning business with high accreditations & standards.

IDEAL FOR INVESTORS!
Everything in place ready for new owners to earn healthy $$$$.

Call owner today to find out more.