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Manning Mall 81 Manning Street, Taree, NSW, 2430
Taree
Colliers are excited to offer for sale Manning Mall, a sub-regional shopping centre anchored to a strong performing Coles supermarket with value-add potential. Strategically located in Taree on the NSW Mid North Coast, 320 kilometres north of Sydney, Manning Mall presents a unique investment opportunity.
Manning Mall is a single-level, enclosed sub-regional shopping centre featuring 10,723m² of gross lettable area (GLA), anchored by Coles and Target, and supported by 4 Mini Majors, 23 Specialties, 4 Kiosks and 3 ATM.
Situated on a 29,740m² site, zoned E2 Commercial Centre with 36% site coverage, Manning Mall presents as a significant value-add opportunity. There is potential to reconfigure the tenant mix, develop pad sites, and add further value to the Centre, enhancing income streams and further capitalising on its central location.
• Coles supermarket paying percentage rent
• 78% of GLA is secured by national tenant
• Opportunity to reposition the Centre through leasing and remixing the tenancy profile
• Low site coverage of 36% with favourable E2 Commercial Centre zoning with a FSR of 2:1
• Strong population growth over double the NSW non metro average¹
Expressions of Interest closing 2.00pm (AEST) on Wednesday, 28 August 2024.
¹ Location IQ Trade Area Analysis – Manning Mall, July 2024
*approx.
Remember to mention you found this property on CommercialReady
Colliers are excited to offer for sale Manning Mall, a sub-regional shopping centre anchored to a strong performing Coles supermarket with value-add potential. Strategically located in Taree on the NSW Mid North Coast, 320 kilometres north of Sydney, Manning Mall presents a unique investment opportunity.
Manning Mall is a single-level, enclosed sub-regional shopping centre featuring 10,723m² of gross lettable area (GLA), anchored by Coles and Target, and supported by 4 Mini Majors, 23 Specialties, 4 Kiosks and 3 ATM.
Situated on a 29,740m² site, zoned E2 Commercial Centre with 36% site coverage, Manning Mall presents as a significant value-add opportunity. There is potential to reconfigure the tenant mix, develop pad sites, and add further value to the Centre, enhancing income streams and further capitalising on its central location.
• Coles supermarket paying percentage rent
• 78% of GLA is secured by national tenant
• Opportunity to reposition the Centre through leasing and remixing the tenancy profile
• Low site coverage of 36% with favourable E2 Commercial Centre zoning with a FSR of 2:1
• Strong population growth over double the NSW non metro average¹
Expressions of Interest closing 2.00pm (AEST) on Wednesday, 28 August 2024.
¹ Location IQ Trade Area Analysis – Manning Mall, July 2024
*approx.
Remember to mention you found this property on CommercialReady
Manning Mall 81 Manning Street, Taree, NSW, 2430
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
