Summary
It’s been years since a transport, bulk storage and wharf access business has become available on the Port of Bundaberg. Now is your opportunity by way of Expression of Interest to secure it
Location Details
67 Buss St
Located on 2 hectares and 400m from the Port of Bundaberg wharf. Bundaberg is Australia's most northern port below the cyclone line.
Potential
The owners have prepared the business for growth and have a DA for bulk storage infrastructure and logistics and a ERA50 for loading/unloading 256,000 tonnes of bulk cargo per annum.
The site is an Approved Arrangement Facility fand is the only facility between Brisbane and Gladstone with an authorised officer on staff to complete export certification inspections.
Buyers have a rare chance to gain an access to new shipping and export markets from central/southern Queensland.
Skills
Strong transport and bulk storage logistical skills are needed to facilitate the next level of exporting goods growth.
Hours
5 days
Lease
23 year lease via Gladstone Port Authourity
Reason for Sale
The owners have completed the necessary projects, constructions and approvals to create the business opportunity. It is now time for a national or international player to manage the next phase of the business life.
About the Business
Asset upgrades have been commissioned including the completion of natural gas infrastructure and a 250m Multiuse Conveyor loading upto 2,000 tonnes of minerals, sands and grains per hour.
This growth has created increased demand for access to the Port and presents the perfect opportunity for you to secure excellent hub access which is only 400m away from the wharf.
Okara
This business has grown significantly and the time has now come to pass the business to a national or international player. Okara’a proximity to Port facilities gives customers an efficient, cost effective export alternative to the larger Ports of Brisbane and Gladstone. Okara has the ability to facilitate trade opportunities and has bulk, break bulk and containerised capabilities.
Transport
Okara transports bulk goods in a modern fleet of truck and trailer combinations. The majority of current, long term work is now associated with the rebuild of Paradise Dam and Bruce Highway upgrades which are two of the Queensland State Government’s biggest infrastructure projects.
Okara has a preferred supplier agreements to transport, store and ship load sand from a local quarry to Asian markets. Is also has another agreement to unload gypsum and stock pile at Etex.
Property
The 2 hectare property is part of the Gladstone Port Authority land lease tenancy with 23 years remaining on the lease. The property is ideally positioned in a State Development Area dedicated to commercial growth providing significant leverage for expansion. Okara have completed $3 million of land improvements to make this site ready to support the growth of the Port of Bundaberg. Okara was awarded a 100% discount on council infrastructure charges for being recognised as a project of regional significance.
Future growth
The owners have prepared the business for growth and have a DA for bulk storage infrastructure and logistics and a ERA50 for loading/unloading 256,000 tonnes of bulk cargo per annum.
The opportunity
The uniqueness of the opportunity has encouraged the owners to put this business to market as an Expression of Interest. This will allow buyers to use their own valuation models and provide bid pricing suitable to themselves.
The Expression of Interest will close on Friday 28th February 2025 at 1 p.m
Please contact Peter Bender for a confidentiality agreement.
Disclaimer:
The information contained herein has been obtained directly from the seller and other sources but cannot be guaranteed as accurate. Clients are advised to verify any information through normal due diligence.
History
The owning couple have spent decades growing the various facets of the business including transport contracts, bulk storage facilities and exporting capabilities.
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