$795,000 (WIWO)
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121 McGlades Road, North Plantations WA 6701

House
Block size: 5.22 Hectares approx.

'Otway Plantation', 7.49ha (18.50 acres)

121 McGlades Road, Carnarvon, WA.

$795,000 (walk in, walk out)

'Otway Plantation' presents an outstanding opportunity to acquire a fully developed banana plantation in one of Australia's most well recognised sub-tropical growing regions.
Situated on the eastern side of the Carnarvon Horticulture District, 'Otway Plantation' consists of 7.49ha of rich, alluvial soil and 250m of Gascoyne River frontage. The three key elements of a successful & sustainable horticultural industry are present and perfectly balanced in this location - an ideal growing climate, rich alluvial soil and abundant water. The property's Williams Cavendish bananas are picked year-round, providing a new owner with consistent cashflow and the marketing expertise of the Sweeter Banana Cooperative.

The property is offered on a 'walk in, walk out' basis and includes all the necessary plant & improvements to continue the business as a going concern. The main residence is a well presented, three-bedroom, one bathroom, 'T & R' built transportable home, with all the features required for comfortable family living. Complementing the home are the surrounding mature palms, lush lawn and established mango trees. If required, seasonal workers can be accommodated in the nearby three-bedroom cottage.

The 30m x 8m, fully enclosed packing shed & workshop provides ample space for machinery maintenance and processing.

Secure and substantial water allocations are sourced from both the Department of Water (DOW) and the Gascoyne Water Co-Operative (GWC). Two operational bores draw water from the Gascoyne River aquifer (DOW), while scheme water is provided via GWC pipelines. Water is reticulated throughout the length of the property from a 250,000L Pioneer water tank with underground mainlines, to 12 individual patches ranging from 0.135ha to 1.042ha.

With approximately 5ha under production, 'Otway Plantation' is operated by a husband & wife team, with the part time assistance of a farmhand. This person would consider remaining in a management role for an incoming investor / owner.

The property is conveniently located approx 1.3km from the North West Coastal Highway and the 'Sweeter Banana' packing facilities, with the Carnarvon town centre approximately 15km to the west.

'Otway Plantation' is being offered for sale to allow the owners to pursue interests outside of farming. This is a highly profitable enterprise with a full list of plant & machinery, production & financial statistics available to qualified buyers.

For further information, please contact:
Yves Beagley
Nutrien Harcourts
E: yves.beagley@nutrien.com.au
M: 0438 326 608

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Key details

Property type:
House
Block Size:
5.22 Hectares*

Other Details

Lot:
241
Legal description:
P208726/241
Nutrien Harcourts WA

Maps and area information

Block information
Block size: 5.22Hectares (approx)
Legal description: P208726/241
Block Map
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Property history

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North Plantations suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
47 years
Population
377
Listing ID: 181452170. This listing has been viewed 11 times. It was first displayed on 14/03/2023 and last updated on 31/10/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.