Former Rabbitohs rugby league star Charlie Frith has sold Neutral Junction, a 460,900-hectare cattle station and hay farm between Alice Springs and Tennant Creek, to the Pickersgill family’s Bunderra Cattle Co for about $30 million as local buyers dominate deals in the Top End.
Neutral Junction, which Mr Frith and his wife Liz acquired in 2002, was offered for sale along with 7000 head of cattle and an oasis in the middle of the desert in the form of a 120ha irrigated hay farm.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
