Goulburn Valley horticultural opportunity hits the market

Mooroopna North, one of the country's most dominant pomegranate orchards in the Goulburn Valley has been listed for sale by the pioneers of Australia’s pomegranate industry, Australian Pomegranate Growers, with a price expectation of $7 to $8 million. 

Established in 2008, the 110ha orchard produces 1,100 tonnes of fruit annually and is in close proximity to Pomlife, a major pomegranate manufacturing plant owned by SPC. 

The orchard has five high-yielding varieties, modern irrigation infrastructure and existing supply contracts domestically and for export markets via SPC. 

CBRE Agribusiness’s Matt Childs, John Harrison and James Auty are managing the sale via an Expression of Interest campaign closing November 15, 2023. 

“With the emerging Australian pomegranate industry showing promising upside, the potential for growth is immense,” Mr Childs said. 

“The Goulburn Valley Region provides consistent irrigation, enabling farmers to cultivate the finest fruits, vegetables and grains even in unpredictable climates. Pears, peaches, plums and pomegranates all reach their pinnacle of flavour and quality in this region, alongside dairy, nut and vegetable products.” 

Australian Pomegranate Growers' CEO, Gal Shapir added, “Pomegranates stand as one of nature's exquisite gems, with health advantages that reach far beyond their role as mere salad adornments, we are proud to have helped introduce Australia to this superfruit.” 

“The opportunity for pomegranate growth in Australia is boundless, with long-term strategies in place to ensure the superfruit prosperous future. This is a fantastic opportunity for a horticulturist to diversify by owning the dominant pomegranate enterprise in the country.”