Pickersgill family purchase Aldinga Park cattle station for $40m-plus

A Queensland cattle family has completed another major deal just weeks after purchasing a NT station for $30m.

A Queensland cattle-farming family has continued the rapid expansion of their business snapping up another premium central Queensland property.

The 35,448ha Aldinga Park cattle farm has been purchased by Bunderra Cattle Company’s Pickersgill family for more than $40 million.

The headline deal comes after the family purchased the 460,000ha Neutral Junction farm in the Northern Territory earlier this month.

The 35,448ha Aldinga Park cattle farm has been sold for $40 million-plus.

The sale adds Aldinga Park as the 10th station in the Pickersgill family’s Northern Australia portfolio, expanding their landholdings to more than one million hectares.

After their two most recent purchases, the Pickersgill family and Bunderra Cattle Company own eight farms, totalling 160,000ha, in Central Queensland’s renowned Central Highlands region, and two Northern Territory stations spanning more than 900,000ha, including the 447,500ha Murrunji Station near Katherine, which it purchased in 2020 for $23 million.

Prior to the sale, Aldinga Park had been home to the Aldinga Droughtmaster Stud, owned and run by Terry and Catherine Piggott.

The sale was completed off-market via Resolute Property Group’s Grant Veivers.

The deal also reportedly included more than 2500 Droughtmaster and Brahman females, a mixed range of dry cattle and some plant and machinery.

Aldinga Park is 240km north of Roma and 190km south of Emerald in the reliable rainfall area of the Carnarvon Ranges.

The property has alluvial blue gum creek flats pushing into valleys of undulating ironbark forest and blue gum woodlands.

Bunderra last year also paid more $30 million to acquire the 17,477ha Bandana Station from Nathan Evans and Olivia Mayne in an off-market deal.

Aldinga Park sits parallel to the Carnarvon Ranges, 40km from Bandana Station.