Sweet Deal: Far North QLD Sugarcane Aggregation Hits the Market

4 July 2025
Innisfail Sugarcane Aggregation

A substantial landholding in tightly held Innisfail region offers land security and appeal for large-scale investment.

A significant agricultural investment opportunity has emerged in Far North Queensland, with a premium-scale sugarcane enterprise near Innisfail being offered to the market.

The Innisfail Sugarcane Aggregation spans approximately 405 hectares across eight aggregated dryland sugarcane farms. It is positioned within one of Australia’s most productive and tightly held farming regions, Far North Queensland’s Cassowary Coast.

The sale is exclusively being handled by JLL’s Clayton Smith and Bart Norris via an Expressions of Interest campaign.

Mr Smith said the offering is expected to attract interest from established growers and agri-investment funds looking for an entry point and corporate agribusinesses both in Australia and overseas.

“This is a large-scale landholding in a tightly held proven region, and to our knowledge there is potential for further amalgamation,” he said.

“The holding has been acquired and developed over two decades by two private local families, together they have established a formidable farming enterprise.”

Situated approximately 88km south of Cairns, the aggregation benefits from more than 3.5 metres of annual rainfall and highly productive soil types. The farms span across the slightly undulating and flat floodplains of the Innisfail region characterised by its red volcanic soils.

The farms are also supported by seven on farm bin sidings, offering logistical advantages that reduce haulage distances and enhance operational efficiency. Its position, approximately 7km from the South Johnstone Mill further bolsters productivity as the main receival point.

Mr Norris noted the aggregation offered would-be buyers opportunities that extended beyond agriculture.

“The productive sugarcane land is complemented by a secondary income stream generated by a partnership with GreenCollar for Reef Credit generation,” he said.

“The land historically generates additional revenue through the sale of Reef Credits, which are earned by implementing land management practices that improve water quality flowing into the Great Barrier Reef. 

“The aggregation enjoys close proximity to Innisfail with a population of around 10,000 and 18.5 hectares is currently included in the ‘planned’ urban footprint of the Far North Queensland Regional Plan 2025. This presents potential for future residential development, subject to approval.”

The aggregation is further benefitted by its location to Innisfail Aerodrome, contiguity to Queensland Rail’s North Coast line and offers ready access to the Bruce Highway, an important transport corridor along Australia’s East Coast.

Expressions of Interest for the Innisfail Sugarcane Aggregation closes Thursday 7 August 2025 at 4pm (AEST).