Reference No: DE/EC979

Agricultural and Rural
Karnup WA

Price: $1,500,000

HORTICULTURAL Hydroponic Business For Sale

EXPRESSIONS OF INTEREST, on a WIWO basis, are being called for - from $1.5M !!

A possible BARGAIN BUY < as the vendors are now committed to a new investment inter- state >; for go-getting new owner-operators & who want to build the horticultural production side back up to 100% capacity. The demand for their produce & products are there, they just need cultivation & getting off to Market !!

"A longstanding easily operated Business which provides a Country-feel type lifestyle with the bonus of City-outskirts convenience"

The Business model is designed in the growing & supply of gourmet quality select vegetable lines. All produce is grown in ' hydroponic greenhouses ' which is then harvested & processed on site and delivered to the local market wholesalers. The business operations were established some 25 years ago & have been successfully trading intermittently with 2 owners since then. The produce grown is of gourmet quality and supplies to a niche city market.

Key points to what investments are on offer here -:

# the Business and Property are offered on a WIWO basis & presents firstly great medium to long term INVESTMENT POTENTIAL in the valuable Freehold Land holding that is within a Government restructure program for REZONING to residential subdivision.

# the Property currently presents a well-established niche market Horticultural Business with an ongoing profitable model that has been successfully operating over many years; & also offers great potential for expansion to the extent of doubling the income stream by developing the currently unutilised land.

# the Farm as currently operated has a hydroponic crop carrying capacity of 6000+ plants which are turned over approx. every three months thus giving 3/4 crops annually. The current owners have formerly used p/t staff assistance but the existing operations can be run by a dedicated f/t couple or family, we're advised.

# the Water License allocation attached to the freehold property allows conservatively for a 100% increase in capacity. This would obviously require further investment by way of more infrastructure & greenhouses.

# there are approximately 5 unused Acres of fertile & arable land which could also lend itself to further field growing of suitable crops.

# a "Summary of the Assets" included in the sale are priced here as:

all the plant, equipment & machinery as extensively listed in the operation of the farming business including key items such as 12 greenhouses, plant & machinery shed, packing & processing shed, 5 pallet cool room, forklift & much more.

NOTE too - this offers a "POSSIBLE BONUS to an INVESTOR' - as the Horticultural side of the property is currently leased out on a month to month basis & is flexible to carry on as such [ and/or cease if new owners wish to take over & run the business operations ].

B.> LAND of 3.58Ha [ or 8.85 Acres ] + its large RESIDENTIAL home improvements on the property - $1250K++
This includes an attractive Owners HOUSE (3x2) brick & iron spacious family residence plus a separate Managers/Staff timber COTTAGE (1x1) assembled & built on-site by the current owner; plus it's own bore & 15.4 Meg WATER LICENSE used for home & rural agricultural purposes.

Accordingly, the Rural Business Assets plus Freehold Property are offered FOR SALE [ note too - the selling price mix between property & business can be varied to suit ] & presents a unique Home & Land package on acreage plus a viable current on-site Business Opportunity; & added to that is a genuine Medium-term Land bank Investment Opportunity with the anticipated future residential development rezoning of the land.


NOTE TOO: Property inspections plus full details on all of the above, including the owners former Business Operations, are available to suitably qualified & seriously intending prospective purchasers - by contacting the selling broker David Ellis / ELLIS CORPORATE .

For more details, please email broker or call agents.

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Price: $1,500,000
Ellis Corporate
434 Vincent Street West
West Leederville, WA, 6007

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Contact: David Ellis
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