Murgheboluc, VIC, 3218, AU

Somerset Poultry

Asset Description

JLL as exclusive agent are pleased to present for sale by Expression of Interest Somerset Poultry, a best-in-class high performing poultry enterprise underpinned by a long-term grower agreement with Turosi Food.

Representing an outstanding poultry production enterprise featuring six (6) existing broiler sheds (17,082sqm* total) in immaculate condition, Somerset Poultry covers a total land area of 82.26* hectares over a single certificate of title (freehold). Underpinned by an existing long-term Grower Agreement with Turosi, Somerset Poultry provides an opportunity to acquire an established poultry enterprise in the heart of the Turosi catchment.

Somerset Poultry is being offered for sale by Expression of Interest closing Thursday 20 March 2025 at 4.00pm (AEDT). To obtain further information or to discuss the opportunity, do not hesitate to contact the exclusively appointed agents.

Approximately*

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Attributes

Land area gross

203.27 acres

Media

Investment Highlights

PROFITABILITY | Consistent year-in year-out financial performance underpinned by strong cashflow and EBITDA (circa $1.1M) providing a sound and reliable investment.
MODERN BEST-IN-CLASS INFRASTRUCTURE | Six (6) existing broiler sheds representing state-of-the-art Ryan-Ryte construction supported by highly efficient and modern management systems, contributing to significant operational efficiencies.
OUTSTANDING LOCATION | Well-located with strong real estate fundamentals offering excellent industry and lifestyle attributes, including proximity to critical elements of the supply chain, as well as Geelong and the broader Surf Coast region.
SECURE WATER | Underpinned by mains water access and further supported by access to both the Barwon River and bore water, as well as dam storage (~50mL) ensuring a highly secure water supply.
END-MARKET SECURITY | Long-term Grower Agreement and Turosi provide revenue security.
STRONG GROWTH POTENTIAL | Potential to expand the poultry business with a previous development approval for two (2) additional sheds (now expired) secured and well-supported by Turosi.
PROFESSIONAL MANAGEMNT | Well-established management team in place allows for seamless transition to new ownership.