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Property profile: Beerwah

This profile contains details of the Rural Funds Group (ASX: RFF) owned property Beerwah, located in the Sunshine Coast hinterland, Queensland. Beerwah is one of two mature macadamia orchards that were acquired by RFF in December 2021.

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Property profile: Beerwah
Beerwah macadamia orchard, with the Glasshouse Mountains in the background, June 2024.

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Beerwah is one of two mature macadamia orchards, located in southeast Queensland that were acquired by the Rural Funds Group (ASX: RFF) in December 2021.

The Beerwah orchard is located near the township of Beerwah in the Sunshine Coast hinterland, with views of the Glasshouse Mountains. The property has over 340 hectares of orchards, or approximately 137,000 trees, with three main varieties.

Since acquisition, RFM has implemented a pruning and orchard floor regeneration program. Pruning work has allowed additional light into the orchard which has resulted in improved tree growth and nut production. Increased light also improves interrow grass growth which mitigates water run-off and erosion. The pruning program also aims to increase efficiency when harvesting, spraying, mowing and conducting other operational activities.

Beerwah macadamia orchard, with Mount Beerwah (part of the Glasshouse Mountains) in the background, June 2024.

The harvest at the Beerwah orchard this year started in March and is expected to run through to September. During harvest, tree shakers and sweepers are used to collect nuts which are then de-husked at on-farm facilities. The husks are combined with grass, woodchip and manure to make compost, which serves as a valuable input for soil improvement at the orchard. After de-husking, the nuts are trucked to Bundaberg or Lismore to be processed by Marquis Macadamias.

Macadamia nuts being collected off orchard floor, June 2024.

Notes:

LocationLocationBeerwah, Sunshine Coast Hinterland, Queensland
SizeSize340 ha planted area
Adjusted property valueAdjusted property value$36.8m (30 June 2024)

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