Swan Ridge, Moore Park and Bonmac

Swan Ridge, Moore Park and Bonmac are located near Bundaberg in central Queensland. Swan Ridge and Moore Park have a combined area of 234 ha of planted orchards and Bonmac has 27 ha of planted orchard.

Both Swan Ridge and Moore Park are leased to a managed investment scheme (MIS) known as the 2007 Macgrove Project (MP07) until June 2028 while Bonmac is leased to RFM until December 2036.

Nursery Farm

Nursery Farm is a 41 ha property which has an existing macadamia orchard of 12 ha and includes a tree nursery that will be used to supply planting material for macadamia orchard developments.

Orchards under development

Year one development program (2021 calendar year) includes the conversion of cattle and sugar cane properties in Rockhampton (50 ha – one property), Bundaberg (100 ha – three properties) and Maryborough (350 ha – three properties).

Property(s) Location Orchard planted
Lessee Water entitlements2 Year planted
Swan Ridge & Moore Park Bundaberg, Queensland 234 ha 2007 Macgrove Project 594 ML
medium security
Bonmac Bundaberg, Queensland 27 ha RFM 59 ML
medium security
Orchards under development Bundaberg, Queensland 100 ha forecast Not currently leased CY21f
Rockhampton, Queensland 50 ha forecast CY21f
Maryborough, Queensland 350 ha forecast CY21f
Central Queensland 500 ha forecast 2H22
Central Queensland 4,000 ha forecast FY23-26

┬╣Lease expiries weighted by forecast FY22 rental income.

2Water entitlements shown for leased orchards.