Vendor finance or sale - Apple Orchard SW Tasmania

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Vendor finance or sale - Apple Orchard SW Tasmania

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The Farm

About
Cultivate Farms is working with the farm owner to set up a match to purchase the farm.

This orchard would ideally suit an investor looking at being involved in the growing apple cider markets/tasting rooms. With the orchard already in near full production.  Views and close proximity to Hobart and the growing tourist trade. The orchard is near a number of tourist places. The farmhouse could be converted to tasting rooms ext subject to council approval. Alternatively, you could combine it with late cherry production or convert completely to late cherry production.

Late season cherry production, which would allow access to the Asian markets overlapping occasionally on the Chinese new year. Current late-season varieties would have you starting harvest around the 20th of January. There would be considerable infrastructure to put in place to convert this to a cherry orchard in excess of 1 million dollars on top of the purchase price. This would cover rain cover bird netting cool room extra.

The property is also listed by the owner on this page:

https://www.realestate.com.au/property-cropping-tas-nicholls+rivulet-700019782

Video
Closest Town
Cygnet TAS 7112, Australia
Size
3.5 Hectares
Farm Type
Orchard
Annual Rainfall
500mm +
Farming Operation
Apples
Infrastructure
Dams, bore, vermin proof fencing

Future Requirements

What is the opportunity?
The farm owner is working with Cultivate Farms to find a top gun farmer who could work with an investor to purchase this property.
Vendor Finance Available:
Accommodation Provided
3 bedroom house on farm/ alternatively they could live somewhere else.

Financial Projections

Is the farm currently profitable?
It is profitable. But an opportunity to tap into the cider market and convert the house to tasting rooms or another option is to grow late season cherries on it in conjunction with the apples to further compliment the current structure. The cherries would be some of if not the latest grown in the country due to the area and climate.
Capital Requirements
Operational budget 40 apps inc wages Capital requirements depend on what the investor has in mind.
What markets are currently being sold to
Interstate and local supermarkets and wholesale markets.