2210 Phillip Island Road Cowes VIC 3922
$1.9m + SAV

DESCRIPTION

Situated just outside Cowes on the Phillip Island Tourist Road this 5.59ha (13.5 acres) property provides a great investment opportunity to the astute buyer. Suitable for a self managed superannuation fund and capital growth. Established in 1992 this idyllic hydroponic business will return a 25% ROI at the current asking price.
Country Fresh Herbs produces mainly a large range of culinary herbs (cut & packaged or still growing in pots). The operation is highly processed with trained staff (approx. 30 employees) and systems. The plant and equipment are excellent, consisting of production buildings and vehicles. A long, well negotiated lease is available.
The property includes a converted barn, spacious owner/manager residence, and the large dam enables ample water catchment.

This property presents a very good investment opportunity with established long term, high value clients who ensure positive cash flow and room for growth without the need for new infrastructure.