The 3,908-hectare Lachlan and Murrumbidgee Portfolio, situated on the banks of the Riverina region’s Lachlan River, offers an institutional-scale almond orchard with extensive water entitlements and opportunity for further development.
Expected to sell for more than $110m, the extensively improved Portfolio comprises two non-contiguous properties within a 50-kilometre radius: Lachlan Valley Farm (3,822ha) and White Road Orchard (87ha).
Both orchards are situated within a key almond growing region that accounts for 20% of Australia’s almond supply, with an historic yield average of three tonnes per hectare.
The Lachlan Valley orchard features 920ha developed to almond trees that have a weighted average age of 16.5 years. Approximately 215ha is leased to an ASX-listed company until May 2030, providing a reliable source of income for the prospective buyer. Another 46ha is suited to future horticultural development, with the balance comprised of grazing and support land.
A short distance away, White Road Orchard has 27,159 almond trees planted across 81ha. The trees have been planted over two stages in 2015 (34ha) and 2017 (47ha), with a weighted average age of 9.5 years.
Access to secure water includes allocations of 10,305 megalitres of Lower Lachlan Groundwater, 470ML of Lachlan River High Security water, and 1,443ML of Lachlan River General Security water, with the orchards having undergone extensive irrigation and fertigation infrastructure redevelopment and secure water entitlements underwriting the recent plantings.
Eight equipped bores supply groundwater into a tributary of the main supply channel, which supplies a combination of Lachlan River water and high-security groundwater.
White Road Orchard also holds 1,576ML of Murrumbidgee Irrigation Delivery Entitlements, with irrigation water supplied via the Murrumbidgee Irrigation Area Channel Scheme and is stored in a 16ML on-site dam.
LAWD Senior Director, Danny Thomas, described the Lachlan and Murrumbidgee Portfolio as offering not just an institutional scale, but an institutional quality investment opportunity, located in one of the most productive and agriculturally diverse regions of Australia.
“The Portfolio offers the astute investor the opportunity to acquire an outstanding institutional-scale holding that benefits from strategic capital investment and high-security water entitlements,” Mr Thomas said.
“With a portion of the property leased to vertically integrated almond grower, processor and marketer for a further seven years, the incoming buyer will benefit from secure income alongside the established almond production.
“We expect to see strong interest from domestic or international corporate farming groups or institutional investors, as well as existing industry participants seeking expansion opportunities.”
Infrastructure on Lachlan Valley Farm consists of an office complex, two four-bedroom homesteads, two managers’ residences, as well as transportable workers’ quarters, a cottage, workshop and machinery, fertiliser and chemical sheds.
At White Orchard, infrastructure includes a 135sqm implement/irrigation shed built in 2015 and an extensive irrigation and fertigation infrastructure.
The Lachlan and Murrumbidgee Portfolio is strategically located close to commodity processing plants, including almond hulling and processing facilities at Griffith (Almond Co), Robinvale (Select Harvests), and Mildura (Olam).
White Road Orchard is located 15km north-west of Griffith, while Lachlan Valley Farm is approximately 100km north-west of Griffith and 540km from the Sydney CBD.
The Lachlan and Murrumbidgee Portfolio is For sale by Expression of Interest closing 12pm (AEST) Wednesday 29 April 2026. For more information, please contact LAWD Senior Director, Danny Thomas, on +61 439 349 977, or LAWD Director, Elizabeth Doyle, on +61 400 102 439.
