Jan 31 2017Add to Favorites
Brisbane, 25 January 2017 – A 155 hectare footprint in Australia’s mango capital is being offered for sale in a move that is expected to attract strong interest from investors looking to secure a presence in the growing export market.
Jayfresh Australia – one of Australia’s leading mango exporters – has appointed CBRE Agribusiness to sell its Bowen mango aggregation, comprising 13,500 high yielding trees across three properties.
The properties include; Delta – a 4.026 hectare holding featuring 620 R2E2 mango trees with extensive fresh packing and shedding infrastructure in the prime logistics hub of Bowen; Euri Creek – a 55.75 hectare property featuring 8,000 R2E2 mango trees with accompanying shedding and a residence; and Beaumont Organic Farm – a 96 hectare property featuring 5,000 Kensington Pride mango trees with additional land suitable for additional mango plantings or other horticultural pursuits. Beaumont also boasts an integrated mango processing factory on site, able to produce dried and frozen mango cheeks and pasteurised puree and juice.
CBRE’s Phil Schell and Chris Holgar are selling the property in conjunction with local agents’ Landmark Bowen’s Rob Wilde and Gary Johns.
Mr Holgar said the opportunity to secure a presence in Australia’s mango capital would be strongly sought after.
“Located at the ‘top of the Whitsundays’, within two hours of Townsville and Mackay, and less than an hour from Airlie Beach and Hamilton Island, Bowen is home of the ‘Big Mango’ – renown for producing the first Kensington Pride Mango in the late 1880s, and later the world renowned R2E2 variety,” Mr Holgar said.
“Bowen was also the first place in Australia to grow mango commercially, with Jayfresh’s Delta property thought to be Australia’s first commercial R2E2 orchard. The property boasts a well-earned reputation for producing consistently high quality and reliable supply worldwide.”
He added: “Boasting both R2E2 and Organic Kensington Pride varieties – the best Australian varieties – this aggregation presents an exceptional opportunity for investors and horticultural operators looking to cement a strong position in both the local and export markets.”
The sale includes the Jayfresh Mango brand and over 20 years of export and domestic goodwill.
Immaculately maintained with top quality plant and equipment, the aggregation also provides an enviable lifestyle for owners and staff, including three residences set in stunning scenery amongst the Whitsunday Coast’s best horticultural landholdings.
Mr Schell said the offering represented an attractive opportunity to capitalise on existing links in strong export markets.
“With R2E2 being the preferred export variety, highly regarded in the Chinese, Middle East and European markets for its large size and beautiful blush, this property represents an exceptional opportunity to further build on the strong connections in these growing markets,” Mr Schell said.
“The current Bowen aggregation provides scope to produce in excess of 100,000 cartons on R2E2 mangos, making it potentially the largest single producer of R2E2 in Australia.”
For Australian/international news or global stories, follow us on Twitter: @cbreAustralia
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
SOURCE: Press Release
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