JayFresh mango aggregation on the market

ON THE MARKET: Jayfresh Australia is selling its Bowen mango aggregation, comprising 13,500 trees across three properties.A 155 hectare (383 acres) footprint in Australia’s mango capital is being offered for sale in a move that is expected to attract strong interest from investors looking to grab a slice ofthe growing export market.

Jayfresh Australia – one of Australia’s leading mango exporters – is selling its Bowen mango aggregation, comprising 13,500 high yielding trees across three properties.

The properties include:Delta – a 4ha holding featuring 620 R2E2 mango trees with extensive fresh packing and shedding infrastructure in the prime logistics hub of Bowen; Euri Creek – a 56haproperty featuring 8000 R2E2 mango trees with accompanying shedding and a residence; and Beaumont Organic Farm – a 96haproperty featuring 5000 Kensington Pride mango trees with additional land suitable for additional mango plantings or other horticultural pursuits. Beaumont also boasts an integrated mango processing factory on site, able to produce dried and frozen mango cheeks and pasteurised puree and juice.

CBRE’s Phil Schell and Chris Holgar are selling the property in conjunction with local agents’ Landmark Bowen’s Rob Wilde and Gary Johns.

Mr Holgar said the opportunity to secure a presence in Australia’s mango capital would be strongly sought after.

“Located at the ‘top of the Whitsundays’, within two hours of Townsville and Mackay, and less than an hour from Airlie Beach and Hamilton Island, Bowen is home of the Big Mango– renown for producing the first Kensington Pride Mango in the late 1880s, and later the world renowned R2E2 variety,” Mr Holgar said.

“Bowen was also the first place in Australia to grow mango commercially, with Jayfresh’s Delta property thought to be Australia’s first commercial R2E2 orchard. The property boasts a well-earned reputation for producing consistently high quality and reliable supply worldwide.”

“Boasting both R2E2 and Organic Kensington Pride varieties – the best Australian varieties – this aggregation presents an exceptional opportunity for investors and horticultural operators looking to cement a strong position in both the local and export markets.”

The sale includes the Jayfresh Mango brand and over 20 years of export and domestic goodwill.

Immaculately maintained with top quality plant and equipment, the aggregation also provides an enviable lifestyle for owners and staff, including three residences set in stunning scenery amongthe Whitsunday coast’s best horticultural landholdings.

Mr Schell said the offering represented an attractive opportunity to capitalise on existing links in strong export markets.

“With R2E2 being the preferred export variety, highly regarded in the Chinese, Middle East and European markets for its large size and beautiful blush, this property represents an exceptional opportunity to further build on the strong connections in these growing markets,” Mr Schell said.

“The current Bowen aggregation provides scope to produce in excess of 100,000 cartons on R2E2 mangos, making it potentially the largest single producer of R2E2 in Australia.”

Contact Phil Schell, 0418 809 849, orChris Holgar, 0411 177 167,CBRE Agribusiness, or Rob Wilde, 0429 004 732, orGary Johns,0418 815 607, Landmark Harcourts.

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