Crowd-funder DomaCom (ASX:DCL) has finalised its first foray into agricultural assets with a ground- breaking deal that gives 90 retail investors a stake in a property in Victoria’s prime Western Districts pastoral land.
The 150-hectare property, “Doyles”, which is just outside Casterton near the South Australian border, is in the undulating heartland of this prime beef and sheep region.
Prior to entering into a contract to purchase the property the fund was successful in securing a strong local operator to be the tenant, who will use the property to run beef cattle.
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