Peter Hughes has paid $5m to buy Argadargada Station, located in the central Australia/lower Barkly Tableland region of the Northern Territory, SW of Mt Isa. Argadargada had been put to auction by the Broad family and passed in for $4.7m. Peter Hughes also owns Lake Nash Station which runs along the eastern boundary. Lake Nash was owned in […]
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Argadargada Station sold to Peter Hughes
July 20th, 2010S. Kidman & Co’s Quinyambie Station for sale
June 16th, 2010S Kidman & Co Ltd (S.K.) has put Quinyambie station on the market. At 12,119 square kilometres Quinyambie station is one of the largest cattle stations in southern Australia. It starts 160km north west of Broken Hill (over the border in South Australia); running up into the Strzelecki Desert. The average rainfall is only 200mm (about 8″) and […]
Another remote cattle station advertised for sale online
June 1st, 2010Harkness Station is another remote cattle station for sale, being advertised online, by way of a Google Ad appearing up the top of searches for cattle stations for sale. Harkness cattle station is a very well-watered property located on the Coleman River headwaters on Cape York Peninsula – halfway between Mareeba/Cairns and Weipa (approx 500km […]
MacDonald Downs – Creative Outback Cattle Station marketing with new social media
May 19th, 2010In some circles, the popular stereotype of rural residents is of straw-chewing half wits, at least half a century behind the times. Whereas in reality, in rural and remote Australia there is actually a faster uptake and far greater use of the latest technology – at least, the practical, directly useful and durable bits (not […]
Escalating rural property prices & Qld’s Channel Country
February 17th, 2010I stumbled upon an excellent piece on AgMates on the history of many channel country families and management of sheep and cattle stations in the far south-western corner of Queensland – the country south and west of Quilpie. Well worth a read. In the AgMates article, David Edwards, Quilpie Mayor, is quoted frequently. One of […]
Wrotham Park Station sold to Consolidated Pastoral Company
August 17th, 2009The sale of Wrotham Park cattle station to CPC has been confirmed in today’s AFR by James Thackray, Partner in Great Southern receivers, McGrath Nicol. Great Southern paid the AACo $53.5 million for Wrotham Park, however the sale price is apparently much less than that top-dollar price; at around $48 million. Consolidated Pastoral Company’s bid […]
Wrotham Park Station under contract to CPC
August 15th, 2009Unofficial reports say that as of this week, Wrotham Park Station is under a sale contract to Terra Firma/Ken Warriner owned Consolidated Pastoral Company; 2 month settlement period.
Wrotham Park and Moola Bulla taken off the market until 2010
July 30th, 2009According to the Melbourne Age Newspaper, receivers McGrathNicol have taken Wrotham Park and Moola Bulla off the market while they are mustered, and they will be offered for sale again early next year, after ‘the next big wet, due in November’. This article is a classic example of a journalist who has absolutely no understanding […]
Andrew Forrest buys back Minderoo, the cattle station he grew up on
July 30th, 2009Self-made mining magnate and entrepreneur Andrew Forrest grew up on Minderoo Station near Onslow in the Pilbara. Minderoo was in the Forrest family for 120 years but his father Don eventually sold it in disillusionment in 1998, after years of drought and mounting debt. Andrew has just bought back the 226,585 ha station with 10,000 […]
Moola Bulla station auction results
June 18th, 2009Halls Creek cattle station Moola Bulla was passed in at auction on 16th June, for $25 million. The auction had been scheduled to start at 11am but commencement was delayed until 4pm. Apparently Great Southern receivers McGrath Nichol were hoping the 3 stations – Moola Bulla, Chudleigh Park and Wrotham Park – would fetch at […]