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

371 School Road
Palmers Island, NSW 2463

Contact Agent

House 6 beds 3 baths 4 cars 36900 m²
Listed Date: 20th Jun 2026
Last Updated: 22nd Jun 2026
Overview

Tru Blu Prawn Farm

Australia's first prawn farm is located on a vast 91.22-acre property fronting 338 metres of deep-water on the Clarence River at Palmers Island, just outside the popular tourist destination of Yamba, NSW. This renowned farm is known for producing the highly recognized 'Tru-Blu' prawn brand, distributed widely across Australia.

The farm operates at an impressive production rate of 17 tonnes per hectare, showcasing a professional local business that manages the entire process from pond to plate. The site includes 38.5 acres of stocked water area featuring 24 grow-out ponds, 2 hatchery ponds, and 2 settlement ponds, supporting a robust aquaculture operation.

Complementing the water areas, there are 52.8 acres of high-tech infrastructure, including state-of-the-art processing facilities capable of harvesting, cooking, snap freezing, and cold storage to handle an annual harvest of 200 tonnes. The advanced hatchery can produce 70 million post-larval juvenile prawns annually, sufficient to meet the farm's production needs and supply competitors at a competitive rate.

Additional aquaculture licenses allow for the farming of other seafood delicacies such as fish, crabs, oysters, premium-priced eels, and even food-grade algae, offering diverse production opportunities.

The property includes a magnificent two-story manager's residence with four bedrooms and two bathrooms, a second cottage, and separate worker's quarters. Additionally, there is an approved waterfront homesite ready for development, providing an excellent lifestyle opportunity.

To support local and tourist demand, the farm operates a shop on-site, with potential for expansion to capitalize on the region's growing tourism industry. The location is just 10 minutes from some of Australia's most famous surfing beaches in Yamba, a town twice voted Australia's best tourist town, and approximately an hour from Ballina, Lismore, and Grafton.

Tru Blu Prawn Farm represents not only a profitable investment but also a unique lifestyle opportunity in a thriving regional area. Interested parties are encouraged to request an information memorandum to explore the full potential of this exceptional property.

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
371 School Road
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

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