Farm For Sale WA With Guaranteed Income Stream

Unique Opportunity To Invest in 183HA Working Farm For Sale WA

If you’re looking for a rural investment with a guaranteed income stream, then this farm for sale WA is for you! Located at Walkaway near Geraldton, around 4.5 hours’ drive north of Perth, this 183-hectare (453-acre) property hosts a mixed farming enterprise which most recently included capsicums, cucumbers, and eggplants.

Above: This farm for sale WA comprises a 183-hectare mixed farming enterprise at Walkaway, 4.5 hours’ drive north of Perth

The crops are grown in 36 metal-framed polythene growing tunnels (61 metres x 7 metres) which are highly suited to local conditions. 

Under the sale offer, the seller will lease back the horticultural area and surrounding laydown where they have their own tanks, accommodation block and irrigation set-up. The tenant will be using their own scheme and tank water through a fertigation system used in the growing process.

Above: This farm for sale WA hosts a olericulture enterprise comprising 36 metal-framed polythene growing tunnels

The property lease commences at settlement and is a one-year term with a further one-year option to renew. Gross rental is $12,000 per annum plus GST and consumables.

The seller bought the farming property for intensive olericulture but is downsizing to a smaller property where they will eventually set up another growing facility. The vendor is open to including existing infrastructure in the sale, subject to negotiation, and assisting the transition to new management.

Above: The vendor of this farm for sale WA will lease back the horticultural area including their own tanks, accommodation and irrigation

Currently there is also an informal lease for sheep grazing which may be carried on subject to negotiation. What’s more, there’s the potential to bring the arable land back into production.

The property, which has been left fallow since the vendor purchased it in 2015, consists of around 143 hectares (353 acres) of arable land with 40.5 hectares (100 acres) of native vegetation intermingled with various grasses providing shade and shelter for stock. Soil is sandy grading to loamy soil (soft red loam to sandy loam).

Above: This farm for sale WA also has an informal lease in place for sheep grazing which may be carried on subject to negotiation

External fencing is in good condition, with little in the way of internal fencing. A 2,000-square-metre dam is located on the northern rear boundary with a nice stand of sizable trees situated next to it. Average wet season rainfall from April to October is 412mm.

Grid power runs north-south through the property and there is a submersible bore and scheme water (25mm) which is upgradeable.

Above: This farm for sale WA includes a 2,000sqm dam on the northern rear boundary with a stand of sizable trees situated next to it

If desired, there are several locations with magic views to build a new home with grid power and scheme water. A ridgeline runs east-west across the middle of the property and creates an area to the north protected from the westerlies.

There are two easement benefits on the property which may be of use and one easement burden which is not considered to adversely affect the land holding.

Above: This farm for sale WA offers several locations with magic views to build a new home with grid power and scheme water

Listed for $1.2 million, the property will be sold as a ‘going concern’ and therefore GST-free if farming for profit is continued after settlement.

Click on the following link for more information on this farm for sale WA at Lot 2451 Arthur Road, Walkaway.