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.

It is the third big Northern Territory station to hit the market this year after the 733,700ha Mount Doreen was put up for sale by the Braitling family, who are asking more than $45 million, and retail billionaire Brett Blundy and pastoralists Adrian and Emma Brown kicked off a fresh campaign to sell the 1.03 million-hectare Walhallow Aggregation.