Makris Group Sells Two SA Shopping Centres For $41 Million

TWO South Australian shopping centres have sold for a total of just over $41 million.

The Avenues Shopping Centre in St Peters, north east of the city, sold for $23 million reflecting a yield of 7.4 per cent.

A second, smaller shopping centre – the Northgate Village Shopping Centre north east of the city, sold for $18.7 million on a yield of 7.2 per cent.

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