Petro Station’s considerable improvements include 2800t of grain and fertiliser storage. Photo: Elders

CAPITALISING on momentum ahead of the 2026 harvest, GO.FARM is relaunching the sale of Petro Station in New South Wales’ south-west with hopes of raising around $20 million.

The 26,673ha turnkey cropping enterprise, recognised for its large-scale production capacity, is located 60km north-east of Mildura and 79km north-east of Yelta.

GO.FARM acquired Petro Station in 2018, seeing an opportunity to build on its scale, red belah soils and level topography to create a larger and more efficient dryland cropping platform.

Over the past seven years, the business has transformed the property into one of the Mallee’s most significant dryland cropping enterprises, producing cereals and legumes.

Its development program has expanded the arable area, improved soil condition, refined the farming system and upgraded infrastructure, positioning Petro Station as a productive, efficient and resilient cropping asset.

About 1010ha of additional country has been brought into production, lifting the arable area to around 9646ha, which is now operated at 100-percent cropping intensity.

More than 7000ha has also been deep-ripped to break through the historic plough pan and improve access to stored soil moisture, with minimum-till and controlled-traffic farming helping protect the improved soil profile.

GO.FARM says those works, combined with disciplined execution and a favourable 2026 season, are now contributing to one of Petro Station’s strongest production years.

Forecast yields of 4.5 tonnes/ha for cereals, 2.5t/ha for lentils, 3.5t/ha for vetch hay and 7t/ha for oaten hay are expected to deliver about 40,000t of total production.

GO.FARM managing director Liam Lenaghan said the season reflects both the underlying quality of the asset and the investment made during the company’s ownership.

“Petro has always had an exceptional foundation in its scale and soils,” Mr Lenaghan said.

“Our focus has been on unlocking more of that potential through investment in the farming systems, soil improvement, infrastructure and high-performing people.

“The property is performing strongly, the farming platform is established, and we believe the time is right for the property to move into its next phase of ownership.”

GO.FARM has indicated it is open to supporting a smooth handover for an incoming owner, including the potential for continuity with the existing farm team.

As outlined in its previous listing, in addition to the arable area, around 12,525ha is covered by a Biodiversity Conservation Agreement protecting native Mallee ecosystems.

The property also offers scope for opportunistic livestock trading and potential carbon opportunities.

Infrastructure includes staff accommodation comprising a main homestead, two dwellings and staff quarters, along with numerous sheds, 2800t of grain and fertiliser storage and a farm-wide spray-fill tank network.

Petro Station is being offered for sale by expressions of interest closing on October 15, with Elders agents Nick Myer, Marty Deacon and Henry Mackinnon handling the campaign.

Winlaton Farms in Vic’s Lake Boga district features 2095ha under irrigation . Photo: Elders

Winlaton Farms

Meantime, GO.FARM’s institutional-scale irrigated and dryland cropping enterprise in north-western Victoria’s Goulburn Murray Irrigation District has returned to the market with an $18.5M-$20M price guide.

The 4856ha Winlaton Farms is 11km from Lake Boga and 30km south-east of Swan Hill in the Loddon Mallee region.

Elders agents Nick Myer and Matt Horne have been appointed to handle the latest marketing campaign after the portfolio failed to sell two years ago.

The 14 farms formed part of an aggregation of 38 organic and conventional horticulture and cropping farms purchased by the agricultural investment firm six years ago for around $30M.

More than 3000ha is arable, with 2095ha extensively developed, including 1392ha of sub-surface drip, 678ha under centre pivots and 25ha of high-flow flood irrigation.

The remaining 905ha balance is dryland, offering immediate opportunities for further irrigation development.

Benefitting from fertile soil types and 355mm of rainfall, the Winlaton Farms is suited to the current cropping enterprise producing oilseed, cereal and legume crops, but also to livestock, lot-feeding or horticulture.

During its ownership, GO.FARM has heavily invested in modernising the asset, implementing best-in-class soil-amelioration practices, and upgrading internal roadways, structural improvements and machinery plant.

Secure irrigation water is accessed via the Goulburn-Murray Irrigation District, supported by a combined annual use limit of 20,504ML and an associated delivery share of 55.4ML per day.

Infrastructure includes two residences, numerous sheds and grain storage.

Winlaton Farms is for sale by expressions of interest closing on October 22.