NORTHERN Territory cattle industry identity Peter Sherwin has bought the 259,000 hectare (640,003 acre) NT cattle property Broadmere Station.
Located 250km east of Daly Waters on the Carpentaria Highway, the property is has an estimated carrying capacity of 6500 adult equivalents AE, with scope for expansion.
The undisclosed sale price is understood to be about $7 million.
The sale was negotiated through an expressions of interest process by Geoff Warriner CBRE.
Diverse land and soil types comprising black soil plains transitioning to areas of forest and spinifex ridges. Water is supplied from the Limmen Bight River as well as October and Lansen Creeks.
Structural improvements including newly refurbished homestead complex.
Unique natural features including the renowned sandstone Lost City suitable for eco-tourism.