June 17 (Reuters) - Unity Pacific Group UPG.AX :
* Sale of 308 queen/88 creek street & distribution guidance UPG.AX
* Contracted sale price for the property is $37.3 million
* Entered into an unconditional contract for the sale of 308 queen street/88
creek street, Brisbane
* Says Unity Pacific expects sale of the property to result in a profit of $2.1
million after transaction costs
* Intends to use net proceeds from sale to repay co's debt facility of $12
million and distribute surplus funds to securityholders
* Source text for Eikon ID:nASXbkX8HP
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