Macadamia farms sell for $20m
A WILSONS Pocket macadamia orchard has been sold, as part of a $20 million deal, believed to be the largest rural property sale in the near-Gympie region.
It and another property at the foot of Mount Beerwah were sold in a package totalling almost 500ha and 111,000 trees.
Australian Macadamia Society CEO Jolyon Burnett welcomed the sale, especially in times when low prices and a high exchange rate for the Australian dollar made for difficulties in what he said was a predominantly export-oriented industry.
“It’s a very valuable industry for regional Australia,” he said.
Delighted real estate agents Mark Boulter and Rob Keam of Ken Guy Mooloolaba said the two freehold properties had been sold to the green technology firm Nexis Holdings Limited, which is registered on the Frankfurt Stock Exchange.
The firm plans to continue to operate the properties as macadamia orchards.
Nexis is a highly regarded company with “excellent brand value.”
Former Goss government Cabinet Minister Ken Hayward, whose family once-owned the properties and has leased them back in recent years.
He congratulated the agents and described Nexis as a “very substantial purchaser” and “a major investor throughout Australia in the years ahead.”