Pandie Pandie sells for $7.5m

13 Oct, 2008 03:35 PM
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Northern Territory pastoralist Viv Oldfield has purchased historic Pandie Pandie station outside of Birdsville, for $7.5 million.

According to the Australian Financial Review, the property has been in the hands of the Morton family for 70 years.

The 660,000-hectare property is one of several being offloaded by the family, AFR reports.

The property carries more than 7800 adult cattle with permanent and semi-permanent water holes.

Australian Financial ReviewSource: http://www.afr.com

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