CATTLEMAN Peter Camm has snapped up Lolworth Station, north-west of Charters Towers, Queensland, for $15 million.
Mr Camm is known for his $72.5 million sale of La Belle and Welltree cattle stations in the Northern Territory and the purchase of Chudleigh Park in north Queensland for $28 million from the receivers of Great Southern.
Lolworth covers about 35,000 hectares of high-quality grazing country.
The purchase includes about 7000 head of cattle and high-grade infrastructure.
Ray White Rural selling agent Kevin Curry negotiated the off-market transaction in just a few weeks.
"Peter Camm saw this as an ideal place to relocate his headquarters since divesting his interests in the Northern Territory," he said.
Mr Camm is believed to be running a total herd of about 50,000 head of cattle. Neither he nor the vendor were available for comment.