This article is from the Australian Property Journal archive
ONE Tree Agriculture is eyeing off a $30 million figure for its Goondwindi aggregation of 9,129 hectares.
It acquired the dryland cropping enterprise in 2016, which includes Kinbeachie, purchased from Australian Pastoral Group, as well as Morville and Birribindibil. They are located near the township if Toobeah and front the Barwon Highway and Weir River.
One Tree Agriculture is owned by US-based private equity fund manager Proterra Investment Partners.
CBRE’s Danny Thomas and Simon Cudmore are marketing the aggregation in one line or as separate assets via expressions of interest.
Thomas said the scale, operational efficiency, fertile soils and location highlight the aggregation’s suitability for summer and winter cropping.
Interest is expected from corporates, families and individuals.
“The significant land development of the aggregation over the past couple of years, coupled with a management focus on soil health means the aggregation is positioned on a rising plane of production,” Cudmore said.
Australian Property Journal
