LAWD is pleased to present for sale Oolloo Road, Douglas Daly, a large-scale irrigated cropping development opportunity, underpinned by secure access to groundwater, located between Katherine and Darwin in the Northern Territory's productive Douglas Daly region.
KEY INVESTMENT HIGHLIGHTS:
Comprising 1,798* hectares in total, of which 637* hectares has been extensively developed to dripline irrigation, supporting an existing Indian Sandalwood plantation
Ideally suited to high value cropping conversion (cotton, horticulture and intensive fodder production)
Historically utilised for forestry production, the property is locally referred to as Midway Farm A, Midway Farm B and Midway Farm D and is located in a tightly held and productive agricultural region, surrounded by intensive cropping, forestry and grazing.
Access to high-quality, secure groundwater via the Oolloo Dolostone Aquifer and five bores with a combined annual extraction capacity of 4,850* megalitres, providing significant opportunity for conversion to high value cropping pursuits.
Benefitted by quality soil types (clay loam and sandy soils), an ideal climate and proximity to the Daly River which is located 5* kilometres to the west of the holding.
Excellent structural improvements and operational infrastructure includes machinery shedding, workshop, chemical shed, an office, gravel airstrip, high quality irrigation infrastructure and substantial residential infrastructure (four residences and two staff accommodation units).
Commodity processing facilities include a newly built cotton gin at Katherine operated by WANT Cotton and Louis Dreyfus Company.
Situated in the Northern Territory's Douglas Daly region, in proximity to Douglas Daly (10* linear kilometres), Katherine (120* linear kilometres), Darwin (170* linear kilometres) and Kununurra (336* linear kilometres).
FOR SALE BY EXPRESSION OF INTEREST CLOSING AT 12PM (ACST) THURSDAY 8 AUGUST 2024.
