Act now! Keep Kidman Station in Australian hands
You now have a rare opportunity to acquire a beneficial interest in the Kidman cattle empire – the largest single land holding on earth; larger than Ireland and almost half the size of Victoria!
Kidman Station was founded in 1899 by Sir Sidney Kidman and is Australia’s largest private landholder, encompassing 101,411 km2 of prime pastoral land across outback South Australia, Western Australia, Northern Territory and Queensland. There are 19 individual properties operated as 12 enterprises:
- 10 cattle stations
- The Rockybank bull breeding stud, and
- The Tungali feedlot property.
In addition to the pastoral properties, there is a 1,680m2 Head Office property in North Adelaide, South Australia.
Kidman Station is currently home to 186,000 cattle which will be assets of the operating business. The advantages of the diverse Kidman holding, strategically acquired over the past 116 years, enables the operating cattle business to respond to changing seasonal conditions to maximise herd output and to serve multiple routes to market such as live cattle exports, abattoirs and saleyards.
DomaCom is now in receipt of information from S. Kidman & Co’s representative, Ernst & Young, and in the final stages of conducting a due diligence on the holding. To demonstrate our capacity to purchase the land we need as many people as possible, who have pledged to invest in this iconic property, to open an account with DomaCom and deposit their investment.
The investment opportunity
DomaCom’s estimate of the value of S. Kidman & Co. Ltd’s landholding, which covers 101,411 km2 is AU$210 million with an indicative return of 3.9%* from rent of land, plus future capital value.
A recent study by Rural Bank Limited, a subsidiary of Bendigo and Adelaide Bank, reported that the national average median farmland price growth p.a increased by 5.8% over the past 20 years. Average annual median price growth for 2015 was 5.3% and for 2014, 6.8%. Click here to view the full report
The crowdfunding campaign to acquire the Kidman Station via the DomaCom Fund will separate the land component from the operating business.
Investors can apply for units with a minimum of $2,500, which is the minimum investment amount of the DomaCom Fund. There is no maximum investment amount.
It is anticipated that the operating business will be acquired concurrently with the land and that the business will be listed on the ASX giving DomaCom investors preferential access to buying shares in the pastoral business.
*This is an estimate only, based on DomaCom’s assessment of the value of the land component.
How to apply
Please ensure that you have read the Kidman brochure along with the DomaCom Fund’s Product Disclosure Statement (PDS) before you proceed to the Apply Now button on this page.
General Advice Warning
This information is general advice only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Accordingly, before acting on the information provided you must consider the appropriateness of the information, in the light of your own objectives, financial situation or needs. If you wish to acquire a financial product within the DomaCom Fund offering, you should first obtain a copy of, read and consider, the PDS before making any decision. A copy of that PDS is available at http://www.domacom.com.au/the-domacom-fund/product-disclosure-statement/ or by calling your financial adviser.
DomaCom Australia Ltd ACN 153 951 770 is the holder of an Australian Financial Services Licence (AFSL) 444365 and is authorised to provide general financial product advice, to deal in certain financial products and to make a market in units in sub funds of the DomaCom Fund ARSN 167 020 626. Whilst DomaCom has taken all reasonable care to produce the information in this material, it does not make any representations in respect of, or warrant the accuracy, timeliness or completeness of any of the information. The information provided in this material is general information only. It does not constitute financial, tax or legal advice or a forecast. This information has been prepared without taking into account your personal objectives, financial situation or personal needs. Before acting on the information or deciding whether to acquire or hold a financial product, you should consider its appropriateness. It is recommended before making any investment decision, that you seek independent financial advice and read the relevant Product DisclosureStatement (PDS) and any Supplementary Product Disclosure Statement (SPDS) available on the DomaCom Ltd website, www.domacom.com.au, or by phoning 1300 365 930.