IN a separate land/cattle deal worth a combined $175 million, the extensive Northern Territory grazing properties Maryfield and Limbunya have sold to funds manager Sam Mitchell from Sydney-based Wealthcheck, who has bought the land component, while Brisbane-based AAM Investments has bought the cattle and will operate the business under a lease arrangement.
The landmark deal was negotiated by Olivia Thompson from Nutrien Harcourts on a walk-in walk-out basis including around 50,000 head of Brahman cattle.
Mr Mitchell confirmed…