OFF MARKET

672 Main Canal Road
Coleambally NSW 2707

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 128m2
Land area: 327400m2
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Property Details for 672 Main Canal Rd, Coleambally

672 Main Canal Rd, Coleambally is a 4 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 327400m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1970
Floor Size
128m2
Land Size
327400m2
Local Government
Murrumbidgee
Lot/Plan
127/DP750903

Last Listing description (July 2020)

Expressions of interest are called to purchase this award winning organic vegetable supply business and freehold consisting of 7 properties across 2 climate zones all with irrigation entitlements - Far Nth Qld (935.5 ha ~ 140 ha currently croppable) across 3 properties and Southern NSW (137.25 ha ~120 ha croppable) across 4 properties. Very well regarded in the organic sector and with huge potential for growth the business also offers extra land capacity to facilitate a doubling of turnover.

The business has been established for 17 years with reliable year-round markets in place and an excellent reputation in the marketplace (Direct sales to supermarkets and wholesalers). There are also trained staff in place covered under EBA and Seasonal Worker Program employer approval. Offering a cloud based management system as well as Freshcare, HARPS and Organic certification the current owners also have in place comprehensive documentation on methods and procedures to provide guidelines for crop management and day to day business activities and are willing to assist with the transition to new ownership.

Attributes include:

One of the largest organic vegetable sellers in Australia Winner of Australian Organic Farmer of the Year 2015
Extensive A grade organic land (no 3-year wait required to supply organic produce) and capable of at least doubling current production
Dual climate zones enable ongoing production to supply year-round market requirements
All the properties in both regions have cropping area accessible and harvestable during wet weather
Currently producing Zucchini, Pumpkin (3 types), Onions (Brown & Red), Sweetcorn, Sweet potato (orange & purples flesh) with climates suitable for producing many more product lines. Interested parties can obtain a list of other product lines that have been grown successfully in the different regions.
Staff are trained and capable and operating under an enterprise bargaining agreement with the business being an approved employer under the Seasonal Worker Program.
Total production (tonnes) of main lines over the last 3 Financial Years (FY16-909t, FY17-1080t, FY18-1182t)
Breeders and producers of own crop varieties with PBR on some varieties.
Extensive list of plant and machinery required to operate the business included in the sale

Properties consist of:

Dimbulah in Far North QLD (FNQ)
Properties are approximately 30 min from Mareeba, 45 min from Atherton and only 1 hours drive from Cairns (which has an International/Domestic airport). Multiple trucking companies with high tech facilities operate out of Mareeba. Climate is dry tropics, excellent for winter production of nearly any crop that doesnt require extremely cold temperatures for fruit set.

1. 4.15 ha - 150 ML Water 4 bedroom dwelling + shed, cold rooms and packing facilities
2. 51.7 ha - 43 ML Water pump shed + filtration system and mainline down the full length of the property set up for trickle irrigation
3. 879.65 ha - 22 ML Water Leased land with the benefit of a put & call option to purchase
5km of wallaby/pig proof fencing + 3 bedroom architect designed dwelling with grid connected solar power + machinery shed, farm shed & pump setup for trickle irrigation & portable sprinklers + old moveable centre pivot irrigator + multiple sites suitable to create water catchment areas

Coleambally in the Riverina (NSW)
Properties are located 20 mins from Coleambally & Darlington Point with larger regional centres Leeton (40min), Griffith (50min), Narrandera (45min), Wagga Wagga (90min) drive away with Sydney only a 1 hour flight from Griffith or Narrandera. All 4 properties are in 1 of 2 horticultural zones in Coleambally. Soils are sandy with ongoing organic management practices resulting in highly productive soils. The horticultural areas in the region (MIA,CIA) are large producers of Wine grapes, Citrus, Nuts, Prunes & Vegetables.

4. 32.74 ha (20 ha crop area) - 36 ML High security (HS) 24 ML General security (GS) & 292ML delivery entitlement via Coleambally Irrigation - 4 bedroom dwelling + 20m in-ground heated pool + farm shed + amenities shed, pump & irrigation setup for solid set sprinklers & trickle irrigation
5. 25.94 ha - 64 ML HS and 40 ML GS water allocation & 104ML delivery entitlement via Coleambally Irrigation 4 bedroom dwelling + shed with outdoor toilet, pump shed & setup for solid set sprinklers & trickle irrigation
6. 41.87 ha - 29 ML GS water allocation & 129ML delivery entitlement via Coleambally Irrigation 3 bedroom dwelling with large rumpus room and offices + 2 double garage sheds, farm shed & portable amenities block, pump & set up for solid set sprinklers & trickle irrigation
7. 36.7 ha - 60 ML GS water allocation & 60ML delivery entitlement via Coleambally Irrigation 7 bedroom dwelling + 3 bedroom cottage + multiple sheds, pump & setup for solid set sprinklers & trickle irrigation.

The NSW properties have a combined 585ML delivery entitlement allowing extra water to be brought in above the allocation amount. High security allocation and proximity to Irrigation Company bore allows access to water over the winter period (which is not generally available to other farms in the region). Properties 5, 6 & 7 are adjoining properties. Irrigation system between 5 & 6 and 6 & 7 are connected to improve pumping efficiency and provide redundancy for pump malfunction.

The current owners would like to semi-retire and see the business they have created bought by people with the passion to expand the current enterprise and continue to supply quality organic produce both domestically and internationally. For further information or to arrange inspections please call EXCLUSIVE AGENTS Anthony Mannes of Mannes Agencies, Coleambally, NSW or Joe Torrisi of Joe Torrisi Real Estate, Mareeba, QLD.

Property History for 672 Main Canal Rd, Coleambally, NSW 2707

A timeline of how this property has performed in the market
Last Sold
$240,000
29 Sep 2020
  • 29 Sep 2020
    Sold for $240,000
  • 02 Sep 2019
    Listed for Sale EXPRESSIONS OF INTEREST
  • 12 Jun 2019
    Listed for Sale EXPRESSIONS OF INTEREST CLOSING 31.07.19
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About Coleambally 2707

The size of Coleambally is approximately 1,865.2 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Coleambally in 2011 was 1,311 people. By 2016 the population was 1,324 showing a population growth of 1.0% in the area during that time. The predominant age group in Coleambally is 50-59 years. Households in Coleambally are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Coleambally work in a managers occupation. In 2011, 65.7% of the homes in Coleambally were owner-occupied compared with 61.1% in 2016.

Coleambally has 1,008 properties. Over the last 5 years, Houses in Coleambally have seen a 98.72% increase in median value, while Units have seen a 562.13% increase. As at 31 October 2024:

  • The median value for Houses in Coleambally is $316,324 while the median value for Units is $304,133.
  • Houses have a median rent of $348.
There are currently 1 property listed for sale, and 2 properties listed for rent in Coleambally on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Coleambally.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.