Large-scale Grazing with Further Irrigation Development Upside
LAWD is pleased to present for sale Nita Downs Station and La Grange Farm (the Portfolio), a large-scale grazing and irrigation opportunity comprising 210,234* hectares of pastoral lease land, located in the highly regarded Kimberley region of Western Australia.
KEY INVESTMENT HIGHLIGHT INCLUDE: Nita Downs Station 207,607* hectares of pastoral lease land, of which 76* hectares have been developed to centre pivot irrigation, underpinned by a 4,000* megalitre groundwater licence. Nita Downs Station is complemented by comprehensive structural improvements and operational infrastructure supporting livestock and fodder production operations. La Grange Farm 2,627* hectares of pastoral lease land, of which 250* hectares are approved for irrigation development, underpinned by a 6,000* megalitre groundwater licence, with significant area identified for further expansion. Currently utilised for livestock breeding, backgrounding and fodder production, with an assessed carrying capacity of 6,642* Adult Equivalent's (AE's). Livestock water is sourced from multiple bores and efficiently distributed to various tanks and troughs via a comprehensive reticulated network. Domestic water is supplied via rainwater tanks and bores. Benefitted by a reliable average annual rainfall of 520* millimetres. Soils feature predominantly Pindan red sands and loams (Kandosols) with no soil physical barriers to plant root growth, across flat to gently undulating topography. Situated favourably in the bluetongue free zone, 115* linear kilometres south of Broome, 330* linear kilometres north-east of Port Hedland and 12* linear kilometres inland from the Indian Ocean.
Nita Downs Station and La Grange Farm are being offered for sale, available in-one-line or as separate assets by a two stage Expression of Interest, with stage one closing at 12pm (AWST) on Thursday 6 July 2023.