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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

166 O'Keefes Lane
Palmers Island, NSW 2463

Offers Invited

Land 3 beds 1 bath 995500 m²
Listed Date: 20th Jun 2026
Last Updated: 22nd Jun 2026
Overview

Nu life for YAMBA PRAWNS

The sale of ‘Yamba Aquaculture’ presents a unique opportunity for investors to acquire two contemporary aquaculture farms aligned in a single line. This acquisition comes at a pivotal time as the aquaculture industry is evolving rapidly, shifting focus from wild-caught seafood to a diverse range of farmed aquatic enterprises.

Aquaculture is a sustainable method employed to produce food and commercial products, replenish wild fish stocks, and aid in the recovery of threatened and endangered species populations. In the 2019/20 period, the gross value of the New South Wales aquaculture sector exceeded $90 million, representing 45% of the state's total seafood production.

Additionally, aquaculture encompasses the cultivation of macroalgae, or seaweed, which plays a significant role in carbon capture through photosynthesis and sequestration. The production of macroalgae supplements offers promising social and environmental benefits. For instance, seaweed products have been shown to enhance average daily weight gain and milk production in cattle, while macroalgae supplements contribute to reducing enteric methane emissions in both cattle and sheep.

This property has historically operated as a large-scale tiger prawn farm. It holds potential for diversification into the cultivation of various fish species such as mulloway, barramundi, snapper, or yellowtail kingfish, as well as crabs and oysters. The site also supports the possibility of integrating seaweed production alongside these marine activities.

Regarding scale, the property is strategically situated near Yamba on the Northern Rivers of New South Wales, benefiting from excellent logistical road access to major markets including Sydney and Brisbane. The climate is favorable year-round, enhancing operational viability. The combined area of the two farms totals approximately 99.55 hectares (245.99 acres), featuring 38 grow-out ponds, 3 settlement ponds, and comprehensive state-of-the-art infrastructure such as channels, pumps, internal roads, and security systems.

Prospective buyers have the option to continue the existing large-scale prawn farming operations or explore alternative marine ventures. These could include establishing a marine research facility or an educational center focused on aquaculture and marine sciences.

Inspections are available by appointment.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
166 O'Keefes Lane
Palmers Island NSW 2463
Market Insights for Palmers Island NSW 2463
New Listings (last 30 days)
7
Average price
$1,746,428
Lowest price
$450,000
Highest price
$4,000,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.