$104m price tag includes the expansive landholding as well as 40,000 cattle
Property by GARY SHIPWAY
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Subscriber only AFL chief Gillon McLachlan and the billionaire family behind Reece Plumbing have emerged among the big names in the syndicate that splashed out $104m to buy the Territory s famous Wave Hill cattle station in the Victoria River District, 750km south of Darwin. Western Grazing which is one of Australia s largest beef producers, put Wave Hill and Cattle Creek Stations on the market in September. It owned and operated the properties for almost 30 years and directors said the sale was part of a strategic review of its cattle operations.