Major Agricultural Property Portfolio Hits the Market in NSW's Riverina Region

Strategic Insights -

A significant agricultural property portfolio, consisting of five individual farms with a total of 80 poultry sheds in NSW's Riverina region, has been listed for sale. The VOAG portfolio, covering over 212 hectares of land, has a production area of more than 245,000 square meters and a capacity to rear over 5.2 million birds per batch cycle. Established in 2015 by Robert Vojtkiv, the company operates under contractual arrangements with Baiada, one of Australia's largest chicken meat processors.

Key Takeaways:

  • The VOAG portfolio comprises five individual farms with 16 sheds each, covering over 212 hectares of land in NSW's Riverina region.
  • The operation has a production area of more than 245,000 square meters and a capacity to rear over 5.2 million birds per batch cycle.
  • The business is being sold through an expressions of interest process through Colliers Agribusiness.
  • The portfolio is expected to appeal to private equity and institutional investors.
  • VOAG rears broiler chickens under contractual arrangements with Baiada, one of Australia's largest chicken meat processors.
  • The company emphasizes sustainability through investment in solar, water preservation, and reducing environmental footprint.
  • The VOAG portfolio has been built for financial performance and has a highly profitable business model.
  • The average per capita consumption of chicken in Australia is about 50kg/year.

Statistics:

  • The VOAG portfolio covers over 212 hectares (524 acres) of land.
  • The operation has a production area of more than 245,000 square meters.
  • The business has a capacity to rear over 5.2 million birds per batch cycle.
  • The average per capita consumption of chicken in Australia is about 50kg/year.

Sources:

  • VOAG portfolio marketing agent Jesse Manuel, Colliers Agribusiness.
  • Duncan McCulloch, Colliers Agribusiness.
  • Colliers Agribusiness.
  • VOAG's establishment in 2015.
  • Baiada, one of Australia's largest chicken meat processors.