Neutral Junction, a 460,900-hectare cattle station between Alice Springs and Tennant Creek, has been listed for sale by former rugby league star Charlie Frith and his wife Liz.
The offerings come amid record beef prices and strong demand for large grazing properties from local producers, as seen by the $250 million of salesBefore establishing himself as a Queensland cattleman and beef producer, Mr Frith played 49 first grade games for South Sydney between 1979 and 1981. He is considered a cult hero at the club for his ferocious tackling ability.Grass amid the desert
The hay farm is projected to produce more than 3000 tonnes of hay in the coming years – it now produces 2500 tonnes – for a worth of more than $1 million a year.“Everything’s a risk up there, especially when you’re one of the first people to do it,” Mr Frith said in 2016. Made up of Walhallow Station and Cresswell Downs Station, and with an illustrious ownership history that includes the late cattle king Peter Sherwin and Macquarie’s Paraway Pastoral Company, Walhallow broke records in December 2015Adrian and Emma Brown at Amungee Mungee, which they bought from Brett Blundy.
Adrian Brown is the managing director of Bilba Group, which calls itself the “largest rural water development company in northern Australia”.
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Source: FinancialReview - 🏆 2. / 90 Read more »