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Finbar Secures Palmyra Site, Boosting Project Value to $88M
1:41pm on Wednesday 9th of July, 2025 AEST
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Real Estate
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Finbar Secures Palmyra Site, Boosting Project Value to $88M
1:41pm on Wednesday 9th of July, 2025 AEST
Key Points
Acquisition of 45 McGregor Road, Palmyra for $5.5 million plus GST
Site has DA approval for 130 residential apartments
Estimated end project value of $88 million
Settlement anticipated in Q1 FY2026, revenue expected FY2028
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