Bunderra Cattle Co, owned by Queensland’s Pickersgill family, has paid around $30 million for Neutral Junction Station – a large-scale turn-key beef breeding and farming opportunity in Central Australia.
The price tag comes with 7000 head of Droughtmaster cross, Ultrablack and Santa Gertrudis cattle, including 4158 breeders and around 120 bulls.
The sale was handled by Olivia Thompson from Nutrien Harcourts Katherine following an international expressions of interest campaign.
When the enterprise was listed for sale in February it was anticipated to make around $30 million. While Ms…