The organisations fighting a legal battle over the sale of El Caballo lifestyle village have signed a confidential deed of settlement, a court judgment reveals.
A $4.5 million loss incurred on the sale of the El Caballo lifestyle village has triggered a dispute between the South West Aboriginal Land and Sea Council and Equity Trustees.
El Caballo Resort and Lifestyle Village will be repurposed to become a social housing facility for indigenous Australians under a new joint venture established by the South West Aboriginal Land and Sea Council.
The arena at the former El Caballo Blanco will echo to the clattering hooves of a new generation of Andalusian stallions from next year, as the resort's new owners embark on a multi-million dollar upgrade.
