Applecross opportunity

An 855-sqare-metre site on the corner of Canning Highway and Riseley Street in Applecross is expected to attract bids of more than $750,000.

The commercial site boasting traffic flow of more than 44,000 cars a day, has a two-level building comprising 13 office suites and 16 car bays. DTZ Australia managing director Brad Carey claims this blue chip piece of real estate is in an outstanding location.

“New developments have recently been completed on both sides of this property, as well as the opposite corner and nearly every other major corner site in the area,” Mr Carey said.

The property is offered for sale by tender closing March 20 2002.

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