With foreign and domestic demand increasing for high quality agricultural properties in close proximity to Australia’s cities and major regional centres, plantation properties with maturing resource present sophisticated investors with a wealth of opportunities from which to maximise future returns.
Reality is “good land will always be good land, irrespective of the crop that sits upon it”. I’ve said that before, but no more pertinent is that statement than today.
Underpinned by growing demand for plantation fibre, timberland investors are increasingly becoming more land savvy, understanding the opportunity value owning the land beneath the trees creates, weather for securing the long-term commercial plantation footprint or simply conversion to a range of highest and best agricultural or lifestyle uses following harvest.
One such plantation asset that has interested buyers clamouring is the 789 hectare (1,950 acre) Gippsland Plantation Aggregation. This mature Pinus radiata plantation is set across four properties ideally located between the major Victorian town of Sale (214 km’s to Melbourne CBD) and iconic Ninety Mile Beach, a favoured weekend retreat featuring the costal towns of Seaspray, The Honeysuckles and Glomar Beach. In fact the southern most plantation features a two story brick house retreat only 3 km’s to the coast. Surrounding the properties are market gardens, commercial plantation, hobby farms, lifestyle properties, grazing properties and even the Longford Exxon Mobile gas plant estate.
With independent inventory data just received confirming the available mature timber volumes suitable for local or export markets, the properties will be sold in the coming weeks. The only questions are, who will own the plantations, which market will benefit (domestic or export) and what will be the future use for these high quality properties following harvest?
For more information, feel free to contact Smith Agri International; +61 (0) 418 332 780 or check out the Information Memorandum on our website: www.smithagriinternational.com.au