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Aquaculture Investment Opportunity on Offer

by Ellen Hardy
08 May 2008, at 1:00am

AUSTRALIA - NSW Department of Primary Industries (NSW DPI) is offering by auction a business package of six grow-out and two harvest aquaculture leases in the Hawkesbury River for oyster farming.

Two of the leases are classified under the NSW Shellfish Program for harvest of oysters.

The Hawkesbury River oyster industry currently cultivates QX resistant Sydney rock oysters and triploid Pacific oysters.

The Hawkesbury River is 40 minutes drive to Sydney CBD and seafood marketing infrastructure.

Any bidder at the auction must be a current NSW DPI Class A aquaculture permit holder, or have submitted an application for a Class A aquaculture which has been approved "in principle", or have a written agreement with a current permit holder to sublet leases. Bidders must have access to a landbased facility. Leases have been farmed previously and some leases have infrastructure. An undisclosed reserve will be placed on the oyster lease package.

The auction takes place on 4 June at the Mooney Mooney Club.

Ellen Hardy