Coralie, QLD, 4871, AU

Coralie

Asset description

JLL Agribusiness as an exclusive agent is pleased to present for sale by Expression of Interest, Coralie (the Property), located within the heart of the Northern Gulf of Carpentaria.

Comprising a total leasehold land area of 71,600* hectares, Coralie represents a unique opportunity to acquire an efficient, low-cost beef breeding enterprise complimented by an active carbon project. Since being acquired by Carbon Farmland Fund in 2019, the Property has been thoughtfully developed and is underpinned by complimentary land and soil types, coupled with practical operational infrastructure and very well watered protected by a reliable monsoon.

Coralie is offered for sale by Expression of Interest closing Thursday 18 July 2024. To obtain further information or to discuss the opportunity, please do not hesitate to contact the exclusively appointed agents.

Approximately*

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Investment highlights

71,600* hectares (leasehold) situated 70* kilometres south-west of Croydon within the Gulf Region.
Registered Human Induced Regeneration (HIR) Carbon Project commenced 7 August 2020.
More than 236,172* Australian Carbon Credit Units (ACCUs) are being generated over the remaining life of project in conjunction with Tagalaka Aboriginal Corporation.
Significant capital investment since 2019 including installation of 20* dams and more than 33* kilometres of fencing resulting in increased grazing efficiency with water points within a 2* kilometre radius.
Carrying capacity estimated at 6,000 Adult Equivalents (AE).
Sold on a bare basis.