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Media Release 20 July 2023

Silverback Farms portfolio offers dryland cropping opportunity

The opportunity to secure a highly productive dryland cropping portfolio in the tightly held Avon region of Western Australia has been presented to market by LAWD, with Expressions of Interest now open for ‘Silverback Farms’.

The aggregation comprises a total 1,654 hectares, across four holdings known as Maslens (765 hectares), Slaters (529 hectares), Williams (257 hectares) and Valley (103 hectares), and is currently used to produce high yielding crops including canola, wheat, barley and oaten hay.

An outlier in terms of scale and performance for the region, Silverback Farms provides an option to purchase as a going concern, including land, improvements, livestock, plant and equipment, and machinery, as well as seed, fertiliser and chemical on hand.

LAWD Director, Simon Wilkinson, said he expected Silverback Farms to attract high levels of interest from nearby farming families seeking expansion, as well as institutional investors.

“This blue-chip property has been transformed into a highly efficient broad hectare cropping operation, featuring high quality soil types, operational infrastructure and structural improvements to enhance on-farm efficiencies,” Mr Wilkinson said.

“Significant improvements include machinery shedding, new grain storage silos, new hay shedding, fertiliser storage facilities, and a main residence.

“Discerning buyers looking to diversify income may also be interested in transferring the licensed gravel pit currently extracting approximately 2,000 tonnes of gravel per week.”

Silverback Farms, located on 633 Chitty Road, Toodyay, is ideally situated in the Avon River catchment region, which features several creek systems, and reliable annual rainfall. It is also located close to a number of commodity processing facilities including Co-Operative Bulk Handling (CBH) sites, the Metro Grain Centre at Forrestfield, Muchea Livestock Centre and the Kwinana Port at Rockingham.

Silverback Farms is being offered for sale in-one-line or as separate assets by Expression of Interest closing at 12pm (AWST) Thursday 24 August 2023.

For more information contact LAWD Senior Director Danny Thomas +61 439 349 977 or Director Simon Wilkinson +61 456 758 341.

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