Village Fair SC, Queensland, Sells For $17.5 Million on 8.9 Per Cent Yield
QUEENSLAND’s Village Fair Shopping Centre, in Regents Park, sold today for $17.5 million.
The centre sold on a yield of 8.9 per cent, based on the annual rental of $1.55 million.
Village Fair includes a Supa IGA supermarket and 26 specialty stores.
A statement released by the selling gent this week is copied below: