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McMillan family purchases 575,000-acre Queensland property for $47.5 million, including 8,000 cattle.
The McMillan family bought May Downs, a 575,000-acre pastoral property in northwest Queensland, for $47.5 million at auction.
The property was owned by the Lord family for 38 years and features diverse landscapes, robust infrastructure, and a resilient pasture base.
It includes 13 large paddocks, extensive water infrastructure, and a homestead complex.
The sale includes a guaranteed handover of 8,000 cattle, with an estimated 9,500 on the property at settlement.
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La familia McMillan compra una propiedad de 575,000 acres en Queensland por $47.5 millones, incluyendo 8,000 cabezas de ganado.