goFARM, an agricultural platform backed by the Rich List Costa family and Qantas Super, has scored a bargain snapping up confectionary giant Ferrero’s former hazelnut orchards in the NSW Riverina for 25 per cent less than the original asking price.

The price paid by goFARM for Dellapool – a 2681-hectare aggregation near Narrandera that includes 11,361 megalitres of valuable water entitlements – is confidential, but well-placed sources said the deal was worth about $60 million.