Nericon Citrus, one of Australia’s largest institutional citrus aggregations, is being presented to the market by LAWD as a turn-key operation underpinned by substantial high-security water entitlements.
The 557-hectare Aggregation located in the highly productive Riverina region of southern New South Wales, comprises two extensively developed holdings within a 4km radius.
The properties, Farms 2614 and 618 (497 hectares) and Farm 211 and 212 (61ha), benefit from direct access to the Murrumbidgee Irrigation Area network, with 2,717 megalitres of high-security water entitlements plus 5,775 tradeable delivery entitlements, offering strategic options for investors.
The priority-access and high-reliability water supports citrus production via a first-class double-drip irrigation system.
Approximately 468ha of the Aggregation has been developed to citrus varieties for domestic and international markets, including Navel Oranges (314ha), Red Flesh Navel Oranges (84ha), Afourer Mandarins (51ha) and Seedless Lemons (18ha).
The mix of varieties has been selected to optimise local growing conditions and align with an extended production window and multiple market entry points.
As the orchard reaches full maturity, production is set to scale rapidly, with yields forecast to increase from approximately 6,150 tonnes in 2025 to around 23,600t by 2030, underpinning a projected FY30 EBITDA of approximately $13.04 million.
With an expert operational team driving performance offered as part of the transaction, LAWD selling agent, Danny Thomas, said the Aggregation presented investors with a rare combination of scale, water security and operational excellence.
“Nericon Citrus is one of Australia’s largest and most strategically positioned citrus orchards, with a highly experienced management team, which has developed and managed the asset for the past seven years,” Mr Thomas said.
“Collectively they bring 50-plus years of operational farm management experience and strong networks in the supply chain, providing investors with the option of a seamless turn-key investment opportunity.
“In addition, the investment in extensive capital expenditure projects to reposition the orchard into a premium fresh-citrus operation is delivering high-yield varietals and an extended harvest window to maximise operational efficiencies, and unlock broad, higher-value market access.”
Currently, the orchard benefits from approximately 89ha of protective netting and 29 automated frost fans delivering robust climate resilience and supporting superior yield performance.
To further enhance operational efficiencies, there are currently three planned phases to install additional protective netting across the Aggregation, as well as targeted upgrades to machinery, plant and equipment.
Other infrastructure across the Aggregation is excellent and fit-for-purpose, including five machinery sheds, two workshops, a chemical shed, a fertiliser shed, an office and a residence, supporting efficient and scalable operations.
The Nericon Citrus Aggregation is located 10km north of Griffith, which provides an array of amenities and services, including retail, financial, medical, government, education (primary and secondary), as well as a variety of agricultural services, including machinery dealerships, engineering services, irrigation service and installation, chemical and fertiliser supplies.
The Nericon Citrus Aggregation is being offered For Sale by Expressions of Interest closing at 12pm, (AEDT) on Thursday 5 March 2026. For more information, contact Agribusiness Consultant, Danny Thomas on +61 439 349 977, or LAWD Senior Director, Jaclyn Hope on +61 424 596 858, or LAWD Director, Erica Semmens on +61 419 714 039.
