LAWD and PwC are pleased to present for sale Project Jaal, a unique sale and leaseback opportunity comprising 26,834* hectares currently under management, with immediate growth opportunities identified comprising a further 46,509* hectares.
KEY INVESTMENT HIGHLIGHTS INCLUDE:
A geographically and climatically diversified, mixed farming sale and leaseback opportunity (broadacre cropping and livestock)
Institutional grade agricultural land portfolio totalling 26,834* hectares in Western Australia
Immediate growth opportunities identified comprising a further 46,509* hectares across the East and West Coast of Australia 33,500* hectares (East Coast) and 13,009* hectares (West Coast)
Attractive commencing rent of $12* million per annum, triple net, for properties currently under management
Strong lease covenant with a long WALE lease (20-year initial term with 2 x 10-year options, annual CPI-based rent reviews and market rent reviews every five years)
With the inclusion of the identified growth opportunities, the aggregation will be capable of producing up to 200,000* tonnes of cereal and oilseed annually, as well as building to a 32,000* breeding cattle operation focused on high quality Angus beef products
Environmental and sustainability focused implementing sustainable, regenerative farming techniques
Project Jaal is being offered for sale by Expression of Interest.
Danny Thomas (LAWD) 0439 349 977
Elizabeth Doyle (LAWD) 0400 102 439
Jaclyn Hope (PwC) 0424 596 858
Greg Quinn (PwC) 0425 326 833
*approximately
