Manning Mall Shopping Centre, 81 Manning Street,
Taree, NSW 2430
For Sale by Private Negotiation
Key property information
Tenanted Investment Details
to arrange a private inspection.
Map of Manning Mall Shopping Centre, 81 Manning Street
Manning Mall Shopping Centre - Major Centre with Value-Add Potential
- Strongly Performing Coles
- Value-Add Opportunity
- Income Security
In addition, a separate freestanding retail and commercial building of 410sqm* building fronts Manning Street featuring 3* tenancies.
Taree is located on the Mid-North Coast of NSW, circa 313km* north of the Sydney CBD and 81km* south of Port Macquarie. Manning Mall Shopping Centre is located in the central business precinct with frontage to Manning Street.
Key highlights include:
• Enclosed centre anchored by a strongly performing Coles supermarket
• Coles & Target occupy 66%* of leased GLA with over 88%* secured by national tenants
• Strong fundamentals with solid embedded real estate value. Compact and convenient shopping centre with significant upside opportunity
• Expansive trade area featuring retail spending of$732.2M* (2019) growing to $1.37B* by 2036#
• GLAR: 10,746sq m* Site Area: 27,270sq m*
• Net income $2,936,122pa* (fully leased)
*Approximate #Location IQ
For Sale by Private Negotiation - Individually or In One Line alongside Gladstone Square and Moranbah Fair Shopping Centres
Property ID: 503450158Last Updated: 4 May 2020