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Mustera Advances McCabe Project Amid Steady Forbes Sales and Executive Pay Rise
6:01pm on Sunday 1st of June, 2025 AEST
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Real Estate
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Mustera Advances McCabe Project Amid Steady Forbes Sales and Executive Pay Rise
6:01pm on Sunday 1st of June, 2025 AEST
Key Points
Design development and marketing prep underway for McCabe Street project targeting Q2 2025 launch
Continued sales activity at Forbes Residences with commercial units sold and apartments marketed
Operating costs of approximately $874K incurred during the December quarter
Executive Director’s remuneration increased, including a one-time bonus
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