561 North Bank Palmers Chanel, Palmers Island NSW 2463

After 33 years of successful operation whilst developing a new industry, the property and inclusions of Ausfarm; one of the oldest and largest continually operated prawn farms in Australia, is offered for sale.

Situated on a sealed road just 9 klm outside the popular tourist and surfing town of Yamba with its bars, restaurants, clubs, shops and medical services; this property has all expected town services incl: power, water, phone and internet.

Opened in 1988 and servicing committed Sydney & International buyers; the property covers a total of 169.3Ha (418Ac), containing 34 specially designed ponds producing premium quality prawns and is recognised as a market and industry leader.

Focus has always been on quality, not volume so having reached retirement age, the owners have wound back production volumes over the past 4 years. Now rather than quantity they specialise in quality; supplying a larger & tastier boutique product, sold at premium prices.

On offer is 129.5ha developed under aquaculture licence; with over 20ha Water Supply system incl: Reservoir, Supply Canals & Settlement Pond; 6Ha of Water Inlets and Feeder Channels able to produce we are told, 10ton of grown fat juicy Yamba Prawns per ha – that's a lot of production and a bigger lot of income with today's increased demand and prices!

The property has 2 separate water Channel accesses, to ensure a fresh usable water source even in (salty) drought or (fresh water) wet weather conditions. Adjoining under separate title is a 39Ha Cane Farm, acquired for future expansion.

The primary residence is a brick & tile structure of 175m2. On the ground floor are 2 bedrooms, dining room, kitchen, bathroom (shower & toilet) plus 2 car garage. On the 2nd floor are 3 bedrooms, dining, living-room, kitchen, bathroom and 2nd toilet.

There is a second (manager's) residence of 190m2; containing 4 Bedrooms, kitchen, living room, dining room, bathroom including shower and toilet. In total, the property holds 5 Dwelling (house) Entitlements if more dwelling construction is required.

The Processing Plant facility covers 847sq/m; is fully operational and well maintained, with an undercover receiving area of 63m2. The facility can process approx. 500kg of green prawns/hr; utilising their fully functional cooking room/facility, grading machine, and a sorting & packing shed built to DPI Quarantine export standards. The Main Blast Freezer has a 42m2 freeze capacity to -30c; the Product Storage Freezer of 96m2 to-20c. Ice Room: 28m2. Capable of 7 tons of ice per day.

There's machinery sheds full of vehicles & equipment, plus so much more we can't possibly list it all here. However, it's all detailed in our Information Memorandum which is available upon request.

We'll be harvesting for the next month or so; so why not 'go the Raw Prawn' and arrange an inspection today?