Special 106-hectare land and business opportunity for sale Kampong Chhnang | Cambodia

8H2Q+MW Khum Pongro, Cambodia

Details

106-hectare prime land and business opportunity for sale in Kampong Chhnang, central Cambodia.

This is a full working business with significant current and future earnings.

Property description and location

  • 106 hectares (border of K Chhnang and Pursat) 130km (2 hours) from Phnom Penh via National Roads 5 & 53
  • Proximity of Cardamom mountains, rail, highways and Tonle Sap with good access to water resources
  • A modern farm with animal cattle & dwarf coconut plantations with first production expected mid-2024
  • 16,000 hybrid Thai coconut trees on 80 hectares planted in two stages (45HA in 2019 & 35HA in 2022)
  • Use of on-site organic chicken fertilizer for coconut plantation
  • Trees able to produce for 25 years, are easy to harvest (4m max height) and well adapted to sandy soil
  • EDC grid with 325 Kwa capacity & back up system with 250 Kwa backup generator

Business Outlook

  • >11 years working partnership with CP Thailand for chicken & pigs in A/C atmospheres
  • Average turnover around $10M with long term & renewable contracts with CP (10 years each)
  • Current production of 500,000 white chickens/annum (1500T) and 8000 pigs/annum
  • Cambodia net importer for pigs and chickens, to grow by >10%/year with the increase of purchasing power
  • Many uses for coconuts — direct coconut sales, virgin pressed oil, charcoal, fertilizers, milk or juices

Valuation of farm assets and land

  • 106HA (soft title since 2006) convertible to hard when sold
  • $2.5M invested since 2012 in 6 chicken and 5 pig cattle automatic & A/C buildings with 11 silos
  • $1M invested in roads, drilling wells, canals, lakes, food storage, dwellings and >20 rooms for staff, on property roads for easy access to plantation and animal houses
  • 10-year contract with CPF for chicken & pig cattle
  • 45 hectares of coconut plantations at maturity in 2023, 35 more in 2027
  • 8 lakes, water canals and 6 100m water wells to ensure large water reserves are available year round

Original ID: KC1.A2

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About Kampong Chhnang

Kampong Chhnang

The province of Kampong Chhnang is located in the heart of Cambodia.

It is bounded to the north, east, south, and west by Kampong Thom, Kampong Cham, Kampong Speu, and Pursat.

This province is ideally placed around 91 kilometers from Phnom Penh, amid Cambodia’s fertile and practically constantly damp center area.

Kampong Chhnang is mostly a fishing and rice-planting hamlet because to its closeness to Tonle Sap Lake.

The province capital and a beautiful river port town worth a visit, Kampong Chhnang, is notably fisheries-focused and has a major fishing port.

It is easily accessible from Phnom Penh through National Road 5, which runs through Odong, the old capital.

You may also take an air-conditioned bus to Kampong Chhnang, which was previously unavailable.

Furthermore, the town has a fair number of places to stay and a few good restaurants. There are also some beautiful sights to view.

Bullet boats go from Siem Reap and Phnom Penh to the provincial town, passing through beautiful landscape along the Tonle Sap.

If you want to explore the Tonle Sap River area near town, you may rent a motorized boat or a small, non-powered boat for a peaceful trip.

Locals congregate there for an early-evening social hour and to walk along the new riverwalk. On Friday and Saturday nights, this is the place to be seen.

Kampong Chhnang
Kampong Chhnang rural scene

Good guide to investing in Cambodia

Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.

The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.

What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.

Investing in Cambodia is no different, so here are some things to consider before you part with your hard-earned cash.

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Post Covid, 2022 and a brave new normal

There is some doubt as to what a post Covid world will look like even though many say things will be back to a brave new ‘normal’ by the end of 2022.

It is widely known that the pandemic changed consumer behavior and spending habits enormously.

The suspension of regional and international travel, for instance, directly impacted retail, tourism and hospitality sectors across the globe.

This led to a rise in online shopping and entertainment platforms and is likely to create long-term effects on retail markets and eventually real estate.

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