WA farming and machinery stalwart John Nicoletti is selling more than 45,000ha of farmland in the Wheatbelt, with the portfolio estimated to be worth up to $100 million with a number of “add-ons” including equipment, livestock and inputs including fertiliser for 2022. The dryland cropping and sheep properties in Newdegate and Beacon are part of some 52,000ha Mr Nicoletti has purchased in a buying spree following the sale of his 200,000ha of Wheatbelt farms to the Saudi Agricultural and Livestock Investment Company for $60m in 2019. Listed with real estate company Land Agribusiness Water and Development, the properties in the Shires of Lake Grace and Mount Marshall are quoted as having about 37,000ha of arable land between them — about 17,900ha in Beacon and 19,000ha in Newdegate. “2021 plantings included 30,750ha of high yielding crops being wheat, barley, lupins, canola and oats, complemented by 6,250ha chemically and deep ripped (limed) fallow, including pasture in preparation for 2022 season,” the listing reads. The Apache Agriculture Portfolio is listed by LAWD senior director Danny Thomas and director Simon Wilkinson as having a combination of scheme water, dams and rainwater tanks, as well as fully operational, near new plant and equipment, mated Merino ewes and cropping inputs for 2022. “Quality operational infrastructure across the portfolio includes multiple workshops and storage sheds, fertiliser bunkers, grain storage, and multiple residences used for staff accommodation,” the listing reads. Mr Thomas said Mr Nicoletti was testing the market. “We think it could crack $100 million, if including all the add-ons such as plant and equipment, livestock and inputs (including fertiliser) for the next season, which are now hard to get a hold of,” he said. “John is a trader and astute investor. He builds institutional scale portfolios. “It’s not something he’s just cobbled together, he’s improved the land through soil amelioration and deep ripping. “He doesn’t have to sell, but he’s testing the market at a time when WA farmland is in strong demand.” Once WA’s biggest farmer, Mr Nicoletti declared at the time of his $60m sale in 2019 that he was retiring from farming, but has since amassed about 52,000ha of farmland and in August told The West Australian he was eyeing up to another 16,000ha of farmland in the Mid West. It comes after Mr Nicoletti cashed in on the August sale of a huge farmland aggregation of 60 small properties he had a 50 per cent share in over east, worth $120m. In July, Mr Nicoletti also sold his six AgImplements dealerships across the Wheatbelt in a $12m deal to rival company AFGRI Equipment Australia, with AFGRI adding the Cunderdin, Merredin, Mukinbudin, Narembeen, Northam, and Quairading branches to its 14 locations across the State.