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234 Carmelo Road, Riverlea Park SA, is located approximately 38 kilometres north of the Adelaide CBD near the town of Virginia, in an area known as the food bowl of South Australia due to its extensive horticultural production. It is seven kilometres inland from the St Vincent Gulf.
The property provides 12 hectares of protected cropping within a 59-hectare land parcel. This includes six hectares of glasshouses and six hectares of double skinned plastic greenhouses. Additionally, the asset includes large packing sheds along with onsite energy, fertigation and reverse osmosis infrastructure as well as a c.40ML dam and 205ML bore water licences.
The existing facilities have the capacity to produce approximately 1,488 tonnes of tomatoes, 136 tonnes of cucumbers, 517 tonnes of eggplants and 43 tonnes of capsicums per annum1.
Asset summary | |
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Property type | Agricultural property |
Ownership interest | 100% Centuria Agriculture Fund |
Status | Owned |
Gross lettable area | 59,000 sqm |