CATTLE FARM

CATTLE FARM

AGRICULTURE

LOCATION: GERALDTON

Prior to Perdaman Capital investing in this farm located in Geraldton, it was rearing 400 heads of cattle per year which produced an average income of approximately $30,000 per year lease.

Perdaman Capital was approached by an investor of the farm which lead to a joint venture that saw a $1.2 million investment by Perdaman Capital. This went into infrastructure upgrades on the farm that increased the output to 800 heads of cattle per year. The investor received a royalty for every head of cattle produced on the farm which lead to an increase of an average income to $90,000 per year and an increased valuation of the farm by 30% and a return on investment of approximately 6% per year.

2017-10-16T05:36:32+00:00