Premium Poultry Enterprise Hits the Market in Prime Victorian Location

Rare investment opportunity offers secure revenue and expansion potential

 A top-tier poultry operation with a secure long-term grower agreement has come to market.

JLL, as exclusive agent, has listed Somerset Poultry, a best-in-class broiler farm in Murgheboluc, Victoria. The property boasts six state-of-the-art broiler sheds and is underpinned by a long-term grower agreement with Turosi Food Solutions Group.

JLL’s Agribusiness team is handling the on-market Expressions of Interest campaign on behalf of the private seller.

JLL Senior Director – Agribusiness, Chris Holgar, said the sale presents an exciting opportunity to acquire a highly efficient and profitable poultry operation in one of Victoria’s most desirable agricultural locations.

“The property, spanning close to 82.26 hectares of freehold land, is strategically positioned within close proximity to key supply chain infrastructure, ensuring both operational efficiency and market certainty.”

Mr Holgar said the six modern broiler sheds can produce almost 300,000 birds per batch under RSPCA-approved conditions.

JLL Associate Director – Agribusiness, Jock Grimshaw added, “Somerset Poultry represents an outstanding opportunity, with the expansive farm located in a prime location and a long-standing grower agreement in place, ensuring consistent revenue and strong financial performance.”

“With an EBITDA of approximately $1.1 million, this is a reliable, high-yielding asset offering a secure income stream. We believe it will trade in the vicinity of a 9 per cent yield.”

The property is located near the township of Inverleigh, with excellent access to Geelong, the Surf Coast and Melbourne CBD.

JLL Director – Agribusiness, Chris Lawlor, highlighted the property’s strategic advantages: “Somerset Poultry’s proximity to major poultry industry infrastructure, including Turosi’s hatchery and processing facility, Ridley Feedmill Lara, and Avalon Airport, enhances its operational efficiency and market access.”

“Water security is ensured through reliable access from Barwon Water mains (via a private main), the Barwon River, bore water, and extensive on-farm dam storage of approximately 50 megalitres.

“The property features an extensive range of plant and equipment day-to-day operations of the farm.

“There is also tangible growth potential with a precedent for additional sheds, subject to development approvals. The property is professionally managed with an experienced team in place, facilitating a seamless transition to new ownership,” Mr Lawlor said.

Mr Grimshaw also noted the current market presented a prime opportunity for buyers to establish or strengthen their position in the growing poultry industry.

“The Australian poultry sector has seen consistent growth in domestic consumer demand over the past few decades. This is reflected in per capita consumption, with chicken significantly outpacing beef, pork, and lamb as the preferred protein choice.”

“Somerset Poultry is a truly first-class enterprise, featuring high-quality production infrastructure, strong biosecurity measures, and access to critical supply chain components. Its location, coupled with a secure water supply and consistent production, makes it a standout investment opportunity,” Mr Grimshaw said.

Somerset Poultry is available for sale via an Expressions of Interest campaign closing Thursday, 4 March 2025 at 4:00pm (AEDT).