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 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).
|Lessee||Water entitlements2||Year planted|
|Swan Ridge & Moore Park||Bundaberg, Queensland||234 ha||2007 Macgrove Project||594 ML
|Bonmac||Bundaberg, Queensland||27 ha||RFM||59 ML
|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|
¹Lease expiries weighted by forecast FY22 rental income.
2Water entitlements shown for leased orchards.