Price Undisclosed

1 Bed  •  1 Bath  •  1 Car  •  2446m²

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Sold

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Price Undisclosed

  • 1
  • 1
  • 1
  • 2446m²

Other Sold on Tue 30 Mar, 2021

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Other description

“SOLD”

INTEGRATED AGRIBUSINESS FOR SALE

Perfect opportunity to acquire a successful grain trading, storage,
fertiliser agency and freight business and gain exposure to the soft commodity market on the east cost of Australia.

Preston Grain is located in the north eastern area of the Riverina, known for its highly productive agricultural outputs.
The sale comprises three sites in Temora, including one beside the rail line, with a total storage capacity of around 30,000 tonnes, which is instrumental in supplying a number of major consumers.

Consumers include expanding beef feedlots, poultry operations and piggeries, dairy farms and feedmills from the Southern Highlands to the Central Tablelands and western Riverina with grain sourced mainly from slopes and Riverina growers.
The business (Preston Grain and AW Derrick & Sons), assets and plant and equipment are all offered for sale.

Key Highlights:
Operating since 1981
Experienced staff are willing to stay on in the business (if suited to the new owner)
An impressive 17% Gross Yield ( 4 Year Avg PBT / Price)*
Mix of storage infrastructure including silos, sheds and bunkers
B - double & 4 single trucks are also included in the sale
Domestic feed grain focus, with potential for trading to export markets
Maximum site capacity has expansion potential in addition to grain trading quantities
Other possibilities (stcc) for Industrial Avenue site(s) with a potential consolidation at the rail site

Genuinely interested parties should request further information & inspection

*Historical performance is not an indicator of future yield
Licence # 20262570
RLA 62833

Adam Chilcott
Rural Real Estate Executive
Platinum Rural Portfolio

Elders
m: +61 447 710 484
e: [email protected]
L 10 / 80 Grenfell Street Adelaide SA 5000

Property features

toilets

Toilets: 1

Land details

Area: 2446m²
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Adam Chilcott

Elders Real Estate - Clare Valley/Balaklava

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