A large-scale glasshouse in the New South Wales Riverina region is expected to generate a strong contest when it hits the market.
Colliers’ James Beer and Duncan McCulloch have been appointed to sell Atkinson Tomatoes, a 4ha glasshouse in Griffith, NSW, by Expressions of Interest.
The property comprises a 20-hectare landholding with 40,107sqm under glass, along with numerous structural improvements, including a packing shed with cool rooms; nursery shed with adjoining grafting room; water treatment shed; irrigation shed and chemical store; boiler shed; workshop and office; several storage sheds; and a modern four-bedroom manager’s residence.
“Atkinson Tomatoes is a modern protected cropping enterprise with a strong history of productivity and profitability,” Mr Beer said. “The business comprises a large-scale glasshouse and packing operation that is currently producing Truss tomatoes in a sustainable growing environment.
“Included in the sale is an extensive list of plant and equipment which underpins the operations, and we expect the opportunity will attract significant interest from institutional investors, fresh produce groups and high net worth individuals.”
Atkinson Tomatoes benefits from excellent fit-for-purpose infrastructure including a modern packing line, a new boiler and gas condenser, heating and cooling equipment, extensive on-farm water storages, solar panels and loading and unloading facilities.
“Glasshouses are also at the forefront of sustainable farming practices, as they consume a fraction of the inputs required for field grown produce, and provide an optimal and controlled growing environment for consistent quality fresh produce,” Mr Beer said.
Mr McCulloch said: “Atkinson Tomatoes is well-located only seven kilometres from Griffith, which provides a great catchment for staff.
“The business could quite easily be expanded, with additional land available to develop a further 10 hectares of glass, creating an opportunity for an incoming purchaser to build on the great work done to date by the current owners.”