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Two almond farms in Victoria, Australia, are being sold for $19.5M–$21M, nearing full production with strong yields and water access.
Two almond farms in Red Cliffs, Victoria, are being sold for $19.5 million to $21 million, down from $22 million, for a 635-hectare portfolio.
Planted between 2021 and 2022 with Nonpareil, Carmel, and Shasta varieties, the farms are nearing full production and expected to yield over two tonnes per hectare in 2026.
They feature automated irrigation, access to 6,529 megalitres of annual water allocation, and an existing marketing agreement with AlmondCo.
CBRE Agribusiness is managing the sale, with expressions of interest closing April 2.
Industry experts predict a 30–35% rise in almond prices from 2025 to 2026, drawing interest from growers and corporate buyers seeking expansion or diversification.
Dos granjas de almendras en Victoria, Australia, se venden por entre 19,5 y 21 millones de dólares, casi en plena producción, con un alto rendimiento y acceso al agua.