Centrefarm buys Territory grape farm
An Indigenous-owned non-for-profit company has purchased a grape farm east of Ti Tree in the Northern Territory.
Territory Grape Farm, a 2,000-hectare property 150 kilometres north of Alice Springs, has been purchased by Centrefarm with a business loan from Indigenous Business Australia.
Centrefarm will collaborate with horticultural property management business Southern Cross Farms and the Kurra Aboriginal Corporation.
The property was placed on the market in January, after it was abandoned by former-owner Joe Zappia, of Par-en-eri Produce.
Centrefarm says it will farm grapes, melons, citrus and seasonal vegetables from July.
It plans to expand production from 150 hectares to 250 hectares within the first five years of operation, but declined to comment any further.
Centrefarm also owns a melon farm near Ali Curung, north of Alice Springs.