Almonds

Yilgah

Yilgah is located 20 km north of Hillston in NSW and is 6,400 ha in size. Yilgah consists of 1,006 ha of almond orchards planted in 2007 and 2008. The almond plantings, associated infrastructure and water entitlements are leased entirely to Select Harvests Ltd under a 20 year lease arrangement. The lease commenced in May 2010 and expires in May 2030.

The property is supported by 15,090 ML of groundwater entitlements and irrigation infrastructure that enables the delivery of water. A further 959 ha of land at Yilgah has been developed for flood irrigation. The irrigation development includes a central holding dam and an integrated channel system to supply and recycle water.

The remaining land at Yilgah comprises lightly timbered creek frontage and open plains suited to grazing. Parts of Yilgah are often licensed on a short-term basis for cropping purposes depending upon seasonal conditions.

Tocabil

Tocabil is located 30km north east of Hillston, NSW and is 6,900 ha in size. Tocabil consists of 603 ha of almond orchards planted in 2015 and 2016. The remaining land at Tocabil comprises of lightly timbered river frontage, grazing country and dryland cropping country. Tocabil is supported by 12 ML/ha of water entitlements.

The property is leased to Olam Australia Pty Ltd until April 2037.

Kerarbury

Kerarbury is located at Darlington Point, 35km south of Griffith in New South Wales with an area of 7,756 ha, including 2,530 ha of almond orchards.

Kerarbury has three types of water access; Groundwater (Lower Murrumbidgee Groundwater aquifer), Murrumbidgee River and the Kerarbury Channel Scheme and is supported by 11.2 ML / ha per annum.

The property is leased to Olam Orchards Australia Pty Ltd until April 2038.

Property Location Almond orchard planted (ha) Lessee(s) Water entitlements Year(s) planted
Yilgah Hillston, NSW 1,006 SHV
(1,006 ha)
15 ML / ha
groundwater entitlements
2007 & 2008
Tocabil Hillston, NSW 603 Olam Orchards Australia Pty Ltd
(600 ha)
12 ML / ha per annum 2015 & 2016
Kerarbury Darlington Point, NSW  2,530 Olam Orchards Australia Pty Ltd
(2,500 ha)
11 ML / ha groundwater, high security and general security entitlements 2016, 2017 & 2018
Total 4,139 ha

1 Lease expires weighted by forecast FY22 forecast rental income.