Hamilton Locke has advised Packhorse Pastoral Company (Packhorse) on the sale of its “Moolan Downs” and “Ottley Station” assets.
Launching in May 2021, Packhorse quickly became a recognised leader in soil regeneration and carbon sequestration practices.
It strategically acquired three parcels of premium land spanning a total of 27,124 hectares and established an exceptional foundation for biodiversity above and below the ground, using its ‘grass motel’ agistment model.
The portfolio comprised two southern Queensland properties – the 8,344ha Stuart’s Creek Station, situated 50km north-west of Roma in the Maranoa region; and the 10,029ha Moolan Downs Aggregation, located 200km south-east of Roma in the Western Downs region – along with 8,371ha Ottley Station, situated 50km west of Inverell in northern New South Wales.
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