This enterprise is offered for sale on a walk-in walk-out basis plus stock at valuation.
The farm has two leases with a total area of some 21ha situated in Little Norfolk Bay and Garfish Bay, both with subtidal and intertidal water, and a 1.6ha freehold land base adjacent to the Little Norfolk Bay lease.
Garfish Bay is 16ha with 1.5kms of racking, 1km of long lines and 13 anchors for seed boxes. This lease is due for renewal in 2027 and there is ample room for increased production.
Little Norfolk Bay is 4.7ha with 3kms of racks and 12 anchors for seed boxes.
There is further development potential for long lines on this lease which is due for renewal in 2029.
Improvements on the land base are a 24m X 7m colorbond shed with a concrete floor. Half the shed is used as an office and recreation room with the balance roofed only and used as a grading and storage area. Level areas on the block provide for stacking baskets, trays and seed boxes.
Plant and equipment includes a 7m aluminium barge with a 115hp outboard, Fiat tractor, Mazda utility, baskets, trays and boxes.
Peninsula Shellfish is currently producing 80,000doz oysters pa and is an excellent opportunity to purchase a profitable enterprise with scope for further development.
