Cattle baron Sir Graham McCamley sells to Peter Camm

Pastoralist Sir Graham McCamley has sold a 26,678-hectare section of his cattle station, Glenprairie, for $28 million.

The property, north of Rockhampton, was purchased by cattleman Peter Camm, who says he will sell off $20 million of his own Queensland properties to pay for the station, which he thinks is the best he’s ever seen.

McCamley, who is battling cancer, listed his property for auction in four separate portions early last year and Glenprairie is the first to sell.

In what was Australia’s biggest private rural property transaction, the cattle baron McCamley and his late wife, Lady (Shirley) McCamley, in partnership with Allen and Carolynne Nobbs, spent $106 million in 2005 buying the holdings of Glenprairie, Fitzroy Vale and Lake Learmonth, along with 26,000 head of cattle from Greek shipping tycoon Gregory Hadjieleftheriadis.