A 166,000 hectare (410,000 acre) aggregation at Quilpie offering guaranteed returns from carbon credits and also as an organic cattle operation is on the market.
Asset manager SLM Partners have appointed Colliers International to market the Quilpie aggregation, which is described as a real estate backed carbon and beef cattle opportunity.
The aggregation is made up of eight properties: Beltram Park, Colac Station, Derremut, Haredean, Padua, Munberry, Armoobilla and Fairlie. The country was mostly acquired by SLM Partners in 2012-13.
CLICK HERE for Colliers International’s presentation on the Quilpie aggregation.
The asset is being promoted with a 10 year Australian Government carbon abatement contract which will generate close to $12 million over 10 years. The aggregation is also being promoted as generating a potential $3.6m in income from organic cattle over the same period.
The aggregation is being marketed by Trenton Hindman, Rawdon Briggs and Ben Forrest from Colliers International through an expressions of interest campaign.
“The stable income comes from the Commonwealth Government guaranteed 10 year carbon abatement contract with an opportunity for further carbon reserves through natural growth beyond the initial contract period,” Mr Hindman said.
“This passive investment return is ideal for any metropolitan or regional based investors with the desire for diversification, allowing them to budget from the income stream more reliably.
“The Federal Government has invested $2.55 billion into the Emissions Reduction Fund (ERF) to purchase Australian Carbon Credit Units (ACCUs) from eligible activities with the farm sector being one of the major beneficiaries.
“As recently reported by Australian Farm Institute, carbon is now worth more than $190 million annually for farmers, with the vegetation projects accounting for most emission reduction.”
Mr Briggs said aside from the carbon venture, there was also the potential to generate from a 1750 head adult equivalent organic beef enterprise over the same 10 year term.
“This is another great income stream considering Australia’s organic industry is growing at around 15 per cent per annum, with the demand for organic food outstripping supply by up to 40pc,” Mr Briggs said.
“Overall this investment opportunity offers a unique fulfillment of the triple bottom line values that encompass economic, social and environmental impact.”
The vendor, SLM Partners, is described as an asset manager that acquires and manages rural land on behalf of European institutional investors. Its mission is to scale up regenerative, ecological farming systems that deliver financial returns and environmental benefits. They have predominantly invested in pastoral interests in Western Queensland and NSW.
Contact Trenton Hindman, 0429 701 080, Rawdon Briggs, 0428 651 144, or Ben Forrest, 0427 580 000, Colliers International.
