Lactanz/Dairies South-West Western Australia Scott River East WA 6275

An aggregation of four modern dairies, Lactanz Dairies comprises four individual freehold land holdings across 2,208* hectares along with a dairy herd of approximately 4,000 milking cows plus 1,500 rising heifers.

- A 2,208* hectare landholding comprising four individual dairy farms milking over 4,000 cows per annum.

- Largest single producer of milk in Western Australia, with over 16 million litres produced in FY13/14; forecasted to produce in excess of 17 million litres in FY14/15.

- Each of the four farms is benefited by a state of the art 60 unit rotary dairy comprising Waikato milking systems and associated infrastructure.

- Substantial 5,538 megalitre Water Entitlement (along with an additional 1,400 megalitre Temporary Water Licence), underpinned by excellent irrigation infrastructure, including numerous centre pivot irrigators.

- Exclusive short term Milk Supply Agreement and largest supplier to Brownes Dairy, Western Australia's most established and experienced dairy company, ensuring immediate short term income.

- Unparalleled opportunity to acquire a 'walk in walk out' business, water entitlements, irrigation infrastructure and a dairy herd.

- Geographically well-situated in one of Western Australia's most productive agricultural regions and a gateway to lucrative export markets, allowing the successful purchaser to capitalise on increasing global demand.

- Ability to secure significant production capability with capacity to expand operations with minimal expenditure, underpinned by the security of ongoing cash flows.