260 South Rhodes Road Stonehenge TAS 7120

Nutrien Harcourts Tasmania are pleased to present for sale "Eastern Tiers", a large-scale irrigated and dryland cropping/grazing operation benefited b ...

Nutrien Harcourts Tasmania are pleased to present for sale "Eastern Tiers", a large-scale irrigated and dryland cropping/grazing operation benefited by substantial water entitlements, located in the Southern Midlands region of Tasmania. KEY INVESTMENT HIGHLIGHTS INCLUDE: • Irrigated and dryland cropping/grazing opportunity (2,311 hectares approx.) located at Stonehenge, within the Southern Midlands region of Tasmania. • Diversified cropping, grazing and forestry carbon enterprises, suited to an array of crops (including potatoes, cereals, poppies, hemp, carrot seed, oilseed and legumes). Three-year Simplot potato contract currently in place. • Favourable climatic conditions (annual average rainfall of 716 millimetres approx.) and land classes provide suitability for sheep, beef and dairy opportunities. • Extensively developed in recent years with first-class centre pivot irrigation (357 hectares approx.) and an additional 459ha earmarked for irrigation development. • Significant and secure water entitlements (5,620ML) including 4,120ML Surety 5 Winter Take and an annual groundwater supply of 1,500ML. Benefitted by substantial water storages (4,000ML approx.) and newly constructed pumping infrastructure - all megalitres are quoted approximately. • Additional income streams include options for carbon offset payments. Current Forestry Carbon Project across 350 hectares (approx.) is estimated at approx. 150,000 Australian Carbon Credit Units. • Strategically located 25 linear kilometres from Oatlands, 55 linear kilometres from Hobart and 115 linear kilometres from Launceston, as well as being close key infrastructure supporting the operations (distances are approximate).