2128 Coughlan Road
Leeton, NSW 2705

Overview

2128 Coughlan Road, LeetonContact Agent NSW 2705

This property at 2128 Coughlan Road, Leeton, is a highly developed agricultural land parcel spanning approximately 84.5 hectares, with around 80 hectares currently fully developed and productive. The orchard was planted in stages, with about 66% established in 2015 and the remainder in 2019, featuring a mix of almond varieties including 50% Non Pareil, 25% Price, and 25% Monterey.

The vendor anticipates the 2024 harvest to yield approximately 200 tonnes of kernel, supported by a heavy seed set and favorable growing conditions. This equates to an average yield of about 2.5 tonnes per hectare across the developed orchard area, with future target yields projected between 3.5 to 4.0 tonnes per hectare as the orchard matures.

Significant property improvements enhance the operational capacity and efficiency, including a 12 megalitre storage dam, 630 megalitre irrigation delivery entitlements with a 15 megalitre per day outlet, and a new 24 by 30 meter harvest storage shed with a concrete floor. Additional infrastructure comprises a pump and fertigation shed, fertigation mixing plant, and a Cummins diesel motor and pump system supporting fertigation.

The almond plantation is cultivated on raised beds designed for optimal drainage, with soil types ranging from red loams to clay loams. The irrigation system features a centralized water main with twin drippers for each bed, ensuring efficient water delivery. The property's location offers close proximity to Leeton and processing facilities in Griffith, facilitating logistics and operational convenience.

This mid-sized agricultural operation presents a long-term investment opportunity with a full lifecycle of returns ahead. The property has been thoughtfully laid out and equipped to maximize productivity and profitability over time. With increasing almond prices, this asset represents a valuable addition to an agricultural portfolio. For investors seeking absentee ownership, local management companies are available to oversee daily operations.

Location