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Manning Mall Shopping Centre, 81 Manning Street Taree, NSW 2430

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Manning Mall Shopping Centre, 81 Manning Street,
Taree, NSW 2430

Shop & Retail

Price information

Sale

For Sale by Private Negotiation

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$2,936,122
Number of Tenants
35 Tenants
Tenants / Type
Various

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Map of Manning Mall Shopping Centre, 81 Manning Street

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Manning Mall Shopping Centre - Major Centre with Value-Add Potential

  • Strongly Performing Coles
  • Value-Add Opportunity
  • Income Security
Manning Mall is a single level enclosed shopping centre anchored by a strongly performing Coles supermarket, as well as a smaller format Target discount department store, with 26 specialty tenancies, 4 kiosks and 3 ATMs, predominately focused on non-discretionary food and service.

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

Manning Mall Shopping Centre, 81 Manning Street
Taree, NSW 2430

Agency contacts

Savills - Brisbane
Savills - Brisbane
Level 33, Riverside Centre, 123 Eagle Street
BRISBANE CITY, QLD 4000
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Savills - Sydney CBD
Savills - Sydney CBD
Level 25, 1 Farrer Place
SYDNEY, NSW 2000
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Peter Tyson
Savills - Brisbane
Manning Mall Shopping Centre, 81 Manning Street Taree, NSW 2430

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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