Nicoletti Group, MERREDIN WA 6415
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- 20 Oct 2015
Renowned Western Australian Wheatbelt
CBRE is pleased to offer for sale the Nicoletti Group, one of Australia's largest cropping properties.
The opportunity consists of five high quality broad hectare grain farming operations of unprecedented scale (approximately 68,000* combined hectares), complemented by a substantial silo complex located in Merredin, one of the regional centres of the Western Australian Wheatbelt.
Key investment highlights include:
A combined landholding of approximately 68,000* hectares, of which approximately 47,000* hectares is arable, comprising the below properties:
- Walgoolan Aggregation: A 21,948* hectare landholding with 20,450* arable hectares.
- Bullfinch Aggregation: A 7,305* hectare landholding with 6,500* arable hectares.
- Moorine Rock Aggregation: A 6,523* hectare landholding with 5,625* arable hectares.
- Lakeview: A 4,534* hectare landholding with 3,900* arable hectares.
- Daisy Downs: A 27,538* hectare landholding with 10,000* arable hectares, plus 7,156* hectares of grazing land.
- Merredin Silos: A two hectare landholding benefited by a 11,600* tonne grain storage facility.
Geographically well-situated in one of Western Australia's key agricultural regions, the Nicoletti group properties are also benefited by being located in close proximity to lucrative export markets.
The Nicoletti Group properties are being offered for sale via a number of options, including a sale and leaseback, vacant possession (in one line or as separate assets) or on a 'Walk In Walk Out' basis, via a public Expression of Interest campaign, closing Wednesday 1 April 2015 at 4pm Western Standard Time (WST).
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
Nicoletti Group MERREDIN