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Our Western Australian Portfolio
Legacy Fund
Southern Agri Fund was a portfolio of 13 wheat farms in Western Australia with a combined area of 100,000 acres. All farms operated on a farmer lease or sharecropping agreements. The aim of the fund was to create capital gains.
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In 2022, the farms were put to the market as it was apparent the farm values were peaking.
By November 2023, 12 farms were sold and settled.
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Original purchase price $15.3m
Estimated sale price $33.0m

Avalon Funds Management Ltd was appointed as Licensee of the fund in 2020.
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