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Frequently Asked Questions

About Farmlet

Farmlet was created with a simple goal: provide access to high quality regenerative farmland to everyday Aussies.

We recognised that the cost of entry was keeping this lucrative industry out from under many people, so we created an easy way for all Australians to enter the market by buying farmland fragments.

No, Farmlet does not manage any investment funds, we simply partner with Farmers to assist in expanding by connecting with co-owners.

We works with Farmers and Project to do all the hard work to such as organising Farm, sorting lease agreements and preparing reports for you so that you can complete your due diligence. 

Everyone interested in buying a farm fragments should consider each farm independently and how it suits to your own needs. We would also recommend for you to speak to a trusted and licensed financial advisor before buying a farm fragment.  

No. A financial product is a facility through which a person makes a financial investment. A financial investment is when an investor gives money to another person to generate returns for the investor.

In farmlet’s case, we are not given money from investors to generate returns from, but rather find excellent farms that people can buy directly and find fantastic farmers to manage these farms. For this reason, farmlet does not generate returns from the purchase money from the person and therefore not a financial investment or financial product.

Farmlet is on a mission to empower people with the tools and knowledge they need in order start owning their own slice of Australian farmland managed by fantastic regenerative farmers.

How Does It work?

Farmlet uses a revolutionising process to allow everyday people to buy Regenerative Farmland.

We find fantastic regenerative farmers who are looking to expand their farms and partner them with like-minded people that want to invest directly in farmland.

Once we find our farmer, we work with them to find the best farm suited to help them expand their business.

Once a suitable farm is found either Farmlet or our partners will acquire the farm and start capital improvements (i.e fencing, sheds, farm accommodation, irrigation, etc), organise the lease agreement with our farmer and list the property on APCOR which keeps a record of co-owners.

Once this is organised, farmlet (or our partners) will open the opportunity for everyday people to become co-owners in regenerative farmland.

We’ve partnered with  a online marketplace platform (Bricklet) which allows for allows for the buying and selling of farmland fragments, this enables you to browse potential farmland offerings while accessing information on your farm via an 24/7 dashboard which makes managing easier than ever before!

Equitable Interest is a type of ownership in an asset which gives the owner the right to the asset. This includes their proportion of the lease payment, their proportion of the funds generated from the property sale and bragging rights!

The Australian Property Co-Ownership Register (APCOR) is a central record of equitable interests in property.  It provides a searchable ledger for any co-ownership that is defined in a property co-ownership agreement. 

You can find out more about ACPOR via their website at www.apcor.au 

The farm lease works just like any other commercial farm lease. This requires our fantastic farmer to pay a lease payment to the co-owners. The payment gets paid directly into your Bricklet Marketplace account.

The lease is “triple net” meaning that our fantastic farmer pays for all outgoings of the farm such as repairs/maintenance, insurance and taxes.

This makes sure the co-owners don’t have to worry about any liabilities. 

Since the lease is “triple net” the lease payment may appear lower than a typical lease agreement but it typically on par when considering net results.

Buying A Farmlet

Anyone (Australians and International Investors) verified on the platform can buy and own a farm fragment. 

This will mean that during the verification process you will need to present Australian forms of IDs (or equivalent for international investors). 

Yes. While you don’t own a specific location on the actual property, you do have ownership via a covenant clause on the title and a commercial lease agreement. 

If any changes happen to the lease or land title you must be consulted first, just like a land owner of the whole land. 

Each Farm opportunity will be unique, which means it’s price will differ, our goal is to offer each Farm fragment around $1,000 to $2,000. Our team does all the due diligence on each opportunity and present this information to interested buyers on the farm’s profile. 

Although Farmlets are in units of $1000 to $2000, many co-owners buy multiple Farmlets across multiple farms. 

Yes, typically our co-owners will buy multiple Farmlets in each farm to increase the amount equitable interest they own. Many co-owners will also buy multiple different Farmlet Farms to diversify across locations, climate and enterprise. 

Head to the Marketplace to buy and sell Farm fragments. First you’ll need to register and fund your account. After that, browse all our Farm opportunities until you find the one right for you.

Make sure to do your own due diligence on each Farm and talk to a trusted financial advisor before buying a farm fragment.

Yes you can, this is a very common way for people to hold Farm fragment as part of their retirement plan.

To use Farmlet Model first you should get in contact with our the co-ownership team and will be able to assist you through the process. 

There are typically two types of returns for farmland, they include land appreciation and lease payments.

Historically Australian farmland has appreciated at 8.5% p.a (20 year  compound annual growth rate as according to Rural Bank’s Farmland Values Report 2023).

Secondly, lease payments are paid by the farmer to use the land. Typically this can range anywhere between 1-10% depending on a very wide range of factors such a farm productivity, infrastructure and land values.

Farmland also has many other benefits to a portfolio such as being as stable as gold, and having low correlation to other assets.

About The Binowee Farmlet

Yes! We have put lots of research and reports together about the Binowee property that you can find on the Binowee page at www.farmlet.com.au/binowee

Some reports include: Agronomic reports, historic returns for the region, lease agreements, farmer’s report, initial Bricklet capitalization breakdown and more.

Farmer Cam is our fantastic regenerative farmer that’s had years of experience operating in a grazing enterprise. He currently leases 5 different smaller farms and uses regenerative grazing practices to improve soils.

You can find more about Farmer Cam in the Farmer’s Report on the binowee page at www.farmlet.com.au/binowee

The lease is triple net meaning that Farmer Cam will be paying for repairs/maintenance, insurances and taxes for the property instead of the co-owners. This means the equivalent lease would be significantly greater if the lease did not require Farmer Cam to pay these.

Moreover, this reduces co-owner liability and makes ownership more passive.

The lease increases each year with CPI, and will be reviewed every 3 years to adjust for farm improvements.

It is also important to note that farmland values are not correlated to lease payment as farmland values tend to increase at a greater rate then farm business income. Therefore, we use a method to calculate lease payments by using farm income rather than as a percentage of farmland values. This is more fair on both farmer and landowner.

This is supported by Ashby and Ashby in “Successful Land Leasing in Australia” (Ashby, R., & Ashby, D. (2011). Successful Land Leasing In Australia. RIRDC Publication No. 11/052)

Yes, but only on specific visit days and farm tours. Since Cam is operating the farm through a lease, he has quiet enjoyment of the property. That means no-one can randomly visit the farm without permission.

Tiny houses are planned to be built to allow for farm stays. Cam will be managing these as part of his business.

It is suggested that co-owners will get a discount for bookings and farm produce.

Binowee is dominantly suited to grazing livestock such as Cattle and Sheep. Farmer Cam currently operates a cattle grazing enterprise and is most likely going to start grazing Binowee with cattle before diversifying into sheep, chickens and pastured pigs. 

Cam is wanting to diversify his enterprises to built a more stable business and increase produces to his direct to consumer markets, while also building a strong local produce brand. 

Farmer Cam is very active on Instagram and YouTube. He also has a website that you can visit to find all his social media.

You can find Cam’s website at: https://binoweefamilygrazing.com.au/

Sounds Good?

If you are interested in purchasing a farm fragment, use the button below to browse our Farms.

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Free Farmland Co-owners Guide

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