Sold $3,800,000

Epping Farm

PRICE
Sold $3,800,000
SIZE 4,900,000 sqm
EOI CLOSING DATE September 16, 2022

8 Cunningham Road, WILGA WA 6243

Property Features
  • Built 1987
  • Land is 4,900,000 m²

Land Agribusiness Water and Development (LAWD) is pleased to present for sale Epping Farm (the Property), a mixed farming opportunity comprising 490* hectares across five contiguous holdings, which have all undergone extensive land-use change and now benefit from a hybrid farming model which includes livestock grazing (sheep), floriculture and honey production, located in the Shire of Boyup Brook, Western Australia.

Key Investment highlights include:

• A total land area of 490* hectares, of which 400* hectares (82%) has been developed and planted to local Western Australian native Leptospermum species – mostly Leptospermum nitens and Leptospermum scoparium, with Leptospermum roei on some parts of the Property.

• Situated 1* linear kilometre north of Wilga, 22* linear kilometres north-west of Boyup Brook, 40* linear kilometres south-east from Donnybrook, 68* linear kilometres south-east of Bunbury and 195* linear kilometres south of Perth within the South-West region of Western Australia.

• Gently undulating in topography and well suited for grazing, timber production and cropping, featuring a mixed composition of red, yellow and brown loam soils on gravel that are predominantly well-drained. Original timbers include Eucalyptus Marginata (jarrah), Corymbia Calophylla (marri) & some Eycalyptus Wandoo (white gum).

• The Property does comprise an area of planting which has been carried out as a part of a Clean Energy Regulator (CER) approved carbon sequestration project. The project commenced in 2019 and to date, no audit has been conducted.

• Currently utilised as a livestock grazing enterprise, predominately fenced and watered for sheep production, albeit cattle have previously been grazed on the Property. The Property also benefits from floriculture and honey production.

• Water infrastructure is well developed and includes rainwater storage, 25* earth dams, and 7* soaks.

• Boundary and internal fencing is in stock proof condition, comprising plain wire, rabbit netting and some ring lock supported by wooden and steel posts.

• The Bureau of Meteorology records has recorded an annual average rainfall of 683* millimetres at nearby the McAlinden weather station

For Sale by Expression of Interest closing at 4pm (AWST) on Friday 16 September 2022

*approximately

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Agents

Simon Wilkinson
+61 456 758 341
CONTACT AGENT

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