Investment Strategy

We identify, develop and deliver

We develop investment-grade agricultural assets by bringing together great people, properties and technology. 

Common to all our investments is identifying under-utilised and/or under-capitalised assets that support either: 

Land use conversion; applying natural resources to highest and best use; or

Asset reconfiguration; transformational farm design, layout and scale to facilitate commodity specialisation and operational excellence. 

goFARM’s current development land bank includes more than 23,000 hectares of prime agricultural land plus water entitlements across grain, cotton, wine grapes and tree nut crops.

Current Investments


Windomal Land Trust


Water Sources

10,000 ha

Greenfield Site


Term Position

Windomal Land Trust is pursuing a land use conversion opportunity in the
Sunraysia and western Riverina regions. The aggregation consists of eight properties of land, five of which are contiguous, with a further three located close by. The aggregation presents a unique irrigation opportunity as six of the properties can be irrigated by dual river access, from five approved irrigation pump sites. The remaining two properties each have irrigation connectivity and infrastructure to a single river source. All up, 10,000 hectares has been aggregated of which circa 7,000 hectares is approved and suitable for high value permanent horticultural production.

Sowing: dry sowing canola at Windomal (April 2016)

A pot of gold at the end of the rainbow, Maffra (July 2016)

Commander Barley Maffra (July 2016)

The Murray River (August 2016)

The Canally pump site on the Murrumbidgee River (July 2016)

Completing a soil pit assessment (September 2016)

Filling in a redundant infield dam (March 2016)

Piambie Land Trust


Orchard Development




Use Change

The Piambie Land Trust is executing a significant horticultural reversion and redevelopment strategy.

In June 2016, Piambie Land Trust acquired Piambie Junction (formerly Del Rios); a large-scale warm climate vineyard with 900 hectares of contiguous vine plantings. The property represented a brownfield development opportunity – moving away from the sustained poor profitability of warm climate, bulk wine grape production (exacerbated by high water prices) to a higher value tree nut crop. The site offered scale along with all the necessary approvals, irrigation head works and operating infrastructure to support a low execution risk, asset turnaround. We are on-track to plant the property out to almonds this July.

In January 2017, the Piambie Land Trust acquired Noraleigh, recognising its suitability to support an investment grade greenfield horticultural development. Noraleigh’s total area is 900 hectares and the site was purchased with all the necessary approvals to commence development.  The property is highly suitable for a variety horticulture crops such as almonds, citrus, avocados, olives, table grapes and pistachios.

Piambie Junction pre reversion (June 2016)

Vines pre removal (July 2016)

Removing infield posts with a bobcat (August 2016)

Post bundled and sold (August 2016)

Vines removed using a bobcat (September 2016)

Vines pushed up and ready for burning (September 2016)

Burning windowed vines (September 2016)

An aerial view of the burning process (October 2016)

Wire compressed and ready for disposal (November 2016)

The Murray River in flood (October 2016)

Morundah Land Trust

11,000 ha

Grain Factory



425 mm

Rainfall Zone

Morundah Land Trust is currently completing the second of three phases of a land use conversion and asset reconfiguration opportunity in the central Riverina. Two contiguous parcels of land have been purchased, totaling more than 11,000 hectares of agricultural land. Through the application of technology and infrastructure, the site has been redeveloped into a large scale cropping enterprise with over 9,000 hectares currently being cropped.

The site boasts access to multiple water sources and 740 hectares are presently under lateral irrigation with scope for significant future irrigation development.

The property on purchase, predominantly grazing (April 2015)

Primary cultivation (speed tilling) in progress – part of the conversion process from grazing to grain (July 2015)

Removing 80 km of internal fences (January 2016)

Spreading lime across Y4 (March 2016)

Sowing Y4 with Suntop Wheat (April 2016)

Unloading fertiliser for sowing (April 2016)

Suntop Wheat Y3 early tillering (June 2016)

Suntop Wheat Y3 mid flowering (September 2016)

60 x 20 m Farm Hub Shed (February 2017)

Remote weather station uploading data every 15 minutes (March 2016)

Almendra Unit Trust

6 Ha

Tree Nursery


Trees Produced Annually

18 Month


Almendra was established in response to a supply constraint identified within the almond industry; specifically in relation to the availability of large volumes of young trees, which were required to support goFARM's orchard developments. 

In late 2015, the process commenced to install a 6 Ha almond nursery in the Sunraysia region.  The nursery has the capacity to produce 400,000 trees annually and will supply trees directly into goFARM's orchard developments.

Installing the sub mainline (February 2016)

Risers trenched and ready for sprinklers (March 2016)

Blocks A and B installed ready for trees (March 2016)

2018 rootstock, the first emergence (December 2016)

2018 rootstock, 2 weeks old (January 2017)

Rootstock ready for spring budding (December 2016)

Budding rootstock (January 2017)

Dormant budded carmel almond trees (February 2017)


With an active transaction and development pipeline, we are open to exploring opportunities or partnerships to own and develop prime agricultural assets.

For discussion on current investment opportunities - current and potential - please contact Liam Lenaghan at or via the contact page.

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