David Smith

+61 (0) 418 332 780




Premium Horticultural Asset of Market Significance

Immediate and Secure Sale and Lease Back Opportunity

This property presents a rare opportunity to acquire a significant and premier land holding within the highly
valued Mornington Peninsula region of Victoria, Australia. On offer is the purchase & lease-back of an
established and profitable family agri-business dedicated to the on-going supply of celery to Australia’s largest
supermarket chains.

Considered to be amongst the best and most productive horticultural and ‘market garden’ land in Australia,
this property is ideally located close to Melbourne, nearby Portsea and the Mornington Peninsula, local and
export markets and is serviced by excellent internal and external road networks. Further, the property’s coastal
location provides an average 750mm rainfall and a frost free environment delivering additional year round crop

The property presents a total land holding of 385.06 hectares (951.48 acres) across 27 freehold titles and
comprises developed fields, modern packing and processing facilities, large two-storey office complex and
three (3) houses. In addition, there is 120 hectares available for further development and expansion.

The property features secure water licences from sources including multiple bores and Class A Recycled water
along with a sophisticated on-site water recycling network that captures and re-uses circa 50% of all irrigation
water applied to the field. This farming business understands the value of water and has implemented many
strategies and processes over the years to provide a robust and drought proof solution.

The business was established in the 1950’s, now in its 3rd generation, from humble beginnings, the business
today represents a high quality, highly professional horticultural operation underpinned by certified documented
systems and secure long-term supply agreements with Australia’s largest supermarket chains. Succession
planning has been at the forefront of Management’s long-term growth strategy for the business and all
management and equipment is in place to the benefit of the successful purchaser. 

Green Field Development Opportunity

Within the existing property’s footprint is a 120 hectare greenfield development plan that is fully designed,
costed and earmarked to be integrated into the existing developed lands, including the state-of-art irrigation
and water recycling network. Investment into this development is fully underpinned by additional market
demands from the existing and future customer base.

In summary, our client’s business is professionally managed, profitable and provides ease of expansion upon
this exceptional existing footprint.


Address on available on application


(951.48 ACRES) 

Property ID: 010-254