A melon cultivator in Australia, Rombola Family Farms, has recently expanded its operations into the Northern Territory by acquiring close to 2,500 hectares in the Douglas Daly region. This acquisition, known as the Midway portfolio, includes water licenses that amount to just over 7,600 megalitres annually. Previously, the land was utilized for cultivating Indian sandalwood by Quintis, marking the commencement of plantations in 2013.
According to LAWD real estate agent Olivia Thompson, Rombola aims to enhance its melon production in the area, leveraging Douglas Daly's proven capacity for high-quality watermelon cultivation. This move is anticipated to bolster the agricultural framework of the Northern Territory, introducing substantial employment opportunities for both local residents and contractors.
The Northern Territory Farmers Association highlights the significance of this acquisition, underscoring the confidence in the region's horticultural potential, especially considering the annual value of the NT melon industry at approximately $66 million. Moreover, the region is witnessing a rise in melon and pumpkin exports from Darwin.
Following Quintis' entry into receivership and the gradual sale of its assets, Rombola is evaluating the future of the existing sandalwood plantations on the newly acquired property. Despite the potential for sandalwood harvest, Rombola's primary focus remains on melon cultivation.
The transaction's financial details remain undisclosed, yet it is noted that the sale was competitive, reflecting the scarcity of developed irrigation properties in the Northern Territory. This acquisition by Rombola Family Farms underscores the limited yet valuable opportunities for land and water acquisition in the region's agricultural sector.
Source: ABC News