- Price: $3.85m
- Location: Binnu
- Area: 4449ha
- Agent: Geraldton Region Farm Sales
- Contact: Max Correy 0428 211 066
BANKINA is a highly arable (92 per cent) broadacre cropping property in a 296 millimetre rainfall area (past five-year average including 2020 to date).
The property is set up for year-in, year-out cropping of predominantly wheat with some lupins and/or canola.
Soil types range from easy working soft red loams to first-class yellow sandplain.
The property comprises 12 titles, which would facilitate a superfund partial purchase.
A full complement of buildings include two machinery sheds, a header shed, workshop, four-stand shearing shed and fertiliser storage buildings.
There is also a three-bedroom homestead, two-bedroom air-conditioned staff quarters and eight grain silos with a combined capacity of 250 tonnes.
Bankina is situated a little more than an hour north east of Greater Geraldton (via Nabawa) and is in the Northampton and Chapman Valley shires.
At an asking price of $940 per arable hectare, Bankina fits a stand alone grain growing or investor option.
Soil health has been a priority of current management, reflected in lime applications over recent years resulting in pH levels ranging from 5.5 to 6.5.
Geraldton Farm Region Sales manager and listing agent Max Correy said an inspection won't disappoint.