LATEST property listings include Western Australian holdings Lanark Farms in the Hyden district, and Woods’s Block at Pingrup.
More than $6 million is anticipated for two mixed-farming assets in the heart of the eastern Wheatbelt region.
The 3315ha Lanark Farms comprises two non-contiguous farms 20km apart:
- 2017ha Holleton is located 27km south-east of Mt Walker, 60km south-east of Narembeen and 64km north of Hyden. with 1864ha arable;
- 1298ha North Hyden is 44km north of Hyden, 28km south-east of Mt Walker and 68km south-east of Narembeen. 1218ha are arable.
The Nicholls family purchased Holleton in 2000 and added North Hyden in 2003.
They are now looking for a sale-and-leaseback opportunity to fund some off-farm investments.
LAWD agent William Morris said there has been steady inquiry from local farmers and investors.
“Other international farmland investment companies own country in the region. For instance, Meekings, 8km from North Hyden, is owned by Westchester.”
Situated in a 345mm annual average rainfall region, Holleton is well set up for the 2023 season following more than 100mm of autumn rainfall.
It is well fenced and divided into 14 paddocks and watered via seven dams.
Infrastructure includes a four-stand shearing shed, steel yards, a shed and three silos.
It is likely to make more than $3.25M.
North Hyden is situated north of Synergy’s proposed King Rocks Wind Farm project, where 30 wind turbines are due for completion in 2025.
Located in a 320mm annual average rainfall region, the property is watered by nine dams and fenced into nine paddocks.
Infrastructure includes two homes, eight grain silos, machinery sheds, workshop, office, fertiliser bays, four-stand shearing shed and steel yards.
North Hyden is anticipated to make in excess of $2.75M.
Pingrup’s 1213ha Woods’s Block has been listed for sale by Elders Real Estate Katanning for $4.2M bare.
Located 20km east of Pingrup in the Great Southern region, the property has been held for many years by Jack Hewett who is now downsizing.
Agent Ian Hanna said Woods’s Block has been conservatively running sheep with some cropping.
“Mixed farms neighbour the property and are growing canola, wheat and barley.
“Woods’s Block has around 1000 hectares that are arable and that is attracting interest from local producers seeking to expand.”
The mostly medium soils are set high in the landscape with original vegetation including mallee and mallet tree species.
Woods’s Block is divided into 11 paddocks and watered by nine dams.
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