The West Australian : 2019-06-12

PROPERTY : 44 : 80

PROPERTY

PROPERTY 80 143 Flores Road, Webberton WA 6530 Wednesday, June 12, 2019 Tim Welch 0438 510 321 L.M.G. Automotive Pty Ltd (In Liquidatio­n) A.C.N. 128 549 977 Under instructio­n from the Liquidator, EOIs are sought in respect of the property. Features include: • Light Industrial zoning close to CBD • Office, showroom & warehouse (c. 2008) on 3,137m2 yard • NLA 991 m2 • Parking, office air con, kitchen & bathroom amenities EOIs due on or before COB Friday 14 June 2019. Further informatio­n available on request. E: [email protected]­alsgeraldt­on.com.au SQUARE METRES KIM MACDONALD Australia’s Property People Offers Invited appeal to anyone wanting a holding income on a future apartment redevelopm­ent. It is zoned R-AC3, which is the highest intensity of developmen­t allowed in Mosman Park, allowing for a mid-rise apartment building with a commercial component on the ground floor. “Located between the Swan River and the ocean, Mosman Park has access to two of Perth’s best waterfront­s and with Stirling Highway and a train station at the end of Glyde Street, this site also offers convenient transport to Perth and Fremantle,” Ms Packer said. “Along with younger apartment buyers wanting to remain in the area, Mosman Park also has a large contingent of older residents so it’s likely there will be good local demand from downsizers and firsthomeb­uyers for apartments in a future developmen­t on Glyde Street,” she said. The site has frontage of 30.18m to Glyde Street and to Waite Lane, which also provides rear access to the property. Offers to purchase close on July 17. A Stirling Highway developmen­t in Asia Pacific, drawing greater levels of offshore and domestic interest amid its attractive yield spreads to that of the eastern seaboard capital cities and strong rental growth forecasts. Ms Foley said offshore capital had historical­ly been very interested in “valueadd opportunit­ies”. She said all Perth office assets with a WALE of five years or less were acquired by foreign buyers last year. “Domestic capital is now having to follow suit to avoid being priced out of the market — as highlighte­d by this year’s acquisitio­ns of ENI House and 66 St Georges Terrace,” she said. Expression­s of close on July 17. A developmen­t site close to Cottesloe beach and Mosman Park train station is selling through Colliers Internatio­nal. The 1518sqm site at 4-14 Glyde Street in Mosman Park has the potential to accommodat­e a six-storey mixed-use building. The site has two titles and five retail tenancies, which are leased take up 647sqm — or about a third of the property. Selling agent Tory Packer said the property would Attention Developer / Builders Incomplete Apartment Developmen­t Thornlie 230 Spencer Road +9 one and two bedroom apartments over two levels +Approximat­ely 80% complete +Land area 787sqm* +Zoned R20-R60 Closing 2pm (AWST) , 3 July 2019 Chris Tonich 0411 774 168 Rob Selid 0412 198 294 burgessraw­son.com.au *Approx interest

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