Welltree
| Company type | Pastoral lease |
|---|---|
| Industry | Cattle station |
| Founded | 1961 |
| Founder | Bob Townshend |
| Headquarters | Rakula , Australia |
Area served | Northern Territory |
| Products | Brahman cattle |
Welltree Station functions as a pastoral lease and operates as a cattle station situated within the Northern Territory.
Location
Situated in Rakula, Northern Territory, the estate lies approximately westward of Batchelor, Northern Territory and to the southwest of Darwin, Northern Territory. It shares boundaries with Litchfield National Park and encompasses a section of the Anson Bay, Daly and Reynolds River Floodplains, recognized as an Important Bird and Biodiversity Area.
History
Bob Townshend acquired Welltree in 1961 for 9 million. By 2001, the property spanned 391 km² and was home to 9,000 Brahman cattle. Around 60% of the land consisted of floodplain terrain that supported diverse grass species. The station was segmented into 29 paddocks, with water supplied by two permanent lagoons alongside six bores.
In 2009, R. M. Williams Agricultural Holdings purchased Welltree along with Labelle Downs from cattleman Peter Camm during a market peak. The company entered receivership in 2013, with PPB Advisory appointed to oversee its assets.
Subsequently, in the same year, R. M. Williams Agricultural Holdings divested Welltree and Labelle Downs to the Australian Agricultural Company for 27 million.