This article is from the Australian Property Journal archive
FARMING families seeking expansion and institutional investors are expected to show interest in the highly productive dryland cropping Silverback Farms portfolio, in the tightly held Avon region of Western Australia.
The aggregation, located on 633 Chitty Road, Toodyay, spans 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.
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 has the listing. The agency’s 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,” Wilkinson said.
Improvements include machinery shedding, new grain storage silos, new hay shedding, fertiliser storage facilities, and a main residence.
Wilkinson added that 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 is 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 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 expressions of interest closing Thursday, 24th August.
