May 22 (Reuters) - Mustera Property Group Ltd MPX.AX :
* Entered into binding agreement to acquire two prime adjacent properties in Applecross in the City of Melville
* Deal for $7.61 million
* Acquisition will be funded by a combination of equity and debt
* Upon completion of acquisition and its funding arrangements, Mustera will retain a 30% equity interest in property Source text for Eikon: Further company coverage: MPX.AX