The Dandaragan property in the iconic Wheatbelt of Western Australia is the latest agricultural offering to a hungry investor market. Exceptional value is obviously available for the right sophisticated investor or fund with the right structure to unlock the property’s highest potential.
Totalling 1,426 hectares (3,523 acres) the property is well located only 15 radial km to Moora and 150 km to Perth. With approx. 437 hectares established to Paulownia plantation, and approx. 863 hectares currently utilized for sheep or cropping, the site provides many with an opportunistic blank canvas from which to underpin expansion aspirations of perhaps an existing investment portfolio or possible growing aggregation of existing or alternative enterprises.
With access to 1,500,000 kL of high quality irrigated water annually, and sound site parameters (soil, topography, rainfall etc.), the property lends itself to a host of highest and best agricultural uses including; horticulture, orchards and other intensive agricultural activities. In essence good land, will always be good land, irrespective of the current crop upon it.
Increasingly investor interest in such opportunities is emerging from international institutional investors, pension funds, foreign opportunistic investors and high net worth individuals, as evidenced from a steady flow of enquiry unlocked during recent market discussions whilst in the USA. We are quick to point out though, that local agricultural enterprises shouldn’t be disheartened. The reality is that locally based farmers are often greatly advantaged by their local knowhow and ingenuity, allowing them the advantage of a streamlined and cost effective due-diligence process, which can equally discourage larger institutional investors if the asset is more complex. Ultimately it’s a competitive market, but many times it’s the local neighbour that see’s the greatest value.
Perhaps such acquisitions present that once in a generational opportunity to acquire that adjoining property that only aligns to match a plantations harvest, or perhaps it’s an opportunistic purchase to match a changing financial position?
As a footnote; our consistent feedback from institutional investors highlights a strong willingness to align their aggregated investments with high quality, trusted local management, an opportunity that can see good farmers cash in or retire debt whilst maintaining the rural work/lifestyle they best appreciate.
To learn more about this and other timberland or agricultural land acquisition opportunities, feel free to contact us:
Ph: +61 418 332 780 E: david.smith@smithagriinternational.com.au W: www.smithagriinternational.com.au