AMONG the latest listings to come to market are Winlaton Farms in Victoria’s Loddon Mallee region, Marlow in Western Australia’s central wheatbelt, and Merghiny on South Australia’s Eyre Peninsula.
Winlaton Farms, Victoria
GO.FARM is hoping to raise $20 million by carving 14 farms spanning 4159ha from its Lake Boga farming portfolio in northern Victoria’s Goulburn-Murray Irrigation District.
The 4855ha Winlaton Farms formed part of an aggregation of 38 organic and conventional horticulture and broadacre cropping farms purchased by the agricultural investment firm two years ago for around $30 million.
The cropping opportunity has secure access to irrigation water and is located on the southern side of the Murray River, in the Loddon Mallee region of north-west Victoria, 11km from Lake Boga, between Swan Hill and Kerang.
During its two-year ownership, GO.FARM has modernised irrigation systems, structural improvements, machinery, plant and equipment, as well as internal roadways, to enhance operational efficiencies.
Around 2290ha have been extensively developed to irrigation, including 1455ha of sub-surface drip, 747ha of centre pivot and 88ha of high-flow flood.
There is a further 578ha of irrigation development, grazing and support land.
Benefitting from fertile soil types and 355mm of rainfall, Winlaton Farms is currently focused on 2114ha of winter cropping comprising 962ha of barley, 602ha of canola, 270ha of faba beans, and 280ha vetch, and producing 390ha of field tomatoes.
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.
LAWD agents Jaclyn Hope and Danny Thomas have identified future growth opportunities, including development to horticulture or high-value cropping pursuits such as permanent and annual plantings.
The infrastructure is described as excellent and includes two dwellings, significant machinery shedding and grain storage.
Winlaton Farms is for sale by expressions of interest closing on September 5.
Marlow, WA
The Arrow family is asking for close to $8M for its mixed-farming country in WA’s central wheatbelt region.
The 7328ha Marlow, 38km north of Koorda, is an established, sustainable, co-joined enterprise held by members of the Arrow family for almost 100 years.
Nutrien Harcourts agent Rex Luers has listed Marlow for $7.95M, and has early interest coming from corporates and locals.
The open and clean country is characterised by a range of medium, productive red mallee and salmon gum loams, clay/loams to soft light brown and sand loams, with large stands of original timber.
Mr Luers said Marlow has been farmed using a sustainable, well-considered cropping rotation including canola, lupins and field peas.
“The production history shows a healthy 1.69 tonnes-per-hectare 10-year cereal average yield and 1.89t/ha five-year cereal average yield, representing good value for money given the record demand being experienced for broadacre land in Western Australia.”
This year, nearly 40 percent of the property is pasture supporting a Merino enterprise, and it will be spray-topped in readiness for the 2025 season.
Marlow is connected to the government scheme water supply and has nine dams.
Infrastructure includes two homes, numerous sheds and 1300t of fertiliser and grain storage.
Merghiny, SA
Recent rain is anticipated to spark interest in a mixed-farming aggregation on SA’s Eyre Peninsula that has been listed for $1.165M.
The 1471ha Merghiny Aggregation is being sold by investor Peter Harris after six years of ownership.
Situated on the Flinders Highway, 10km south-east of Ceduna, it failed to sell following an expressions-of-interest campaign late last year, but has now received more than 50mm of rain.
The Merghiny Aggregation is currently leased and running around 550 sheep and cropping wheat, barley and oats on more than 1000ha, with a further 400ha arable.
Ray White Streaky Bay agent Chad Kirby said there has been interest from locals and away.
“The holding presents producers with an opportunity to expand their existing land holdings, or as an investment asset in a tightly held area,” Mr Kirby said.
“It is also attracting enquiry from Western Australian farmers seeking more affordable cropping country.”
The relatively flat to gently undulating farming country has calcareous sandy loam soil types, with water supplied by a SA mains water connection in a 400mm annual average rainfall region.
Infrastructure includes two sheds.
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