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Manning Mall 81 Manning Street
Taree NSW 2430
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Sold on 25 Oct 2024

Manning Mall 81 Manning Street Taree NSW 2430

  • Shop & Retail
  • 10,722 m²
  • Sold

Coles & Target Sub-Regional Shopping Centre with Value-Add Potential

  • Coles supermarket paying percentage rent
  • E2 Commercial Centre Zoning
  • Strategic 29,740m² site

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.

Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold25 Oct 2024
Floor Area10,722 m²
Land Area2.97 ha
ParkingAsk Agent
Property ID2019397315
Category
Last updated  25 Oct 2024
Map for Manning Mall 81 Manning Street Taree NSW 2430

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Colliers International - Sydney
Colliers International - Sydney
Grosvenor Place Level 30/225 George St
Sydney, NSW 2000

Property Highlights

Date Sold25 Oct 2024
Floor Area10,722 m²
Land Area2.97 ha
ParkingAsk Agent
Property ID2019397315
Category
Last updated  25 Oct 2024

Co-Agents

James Wilson
James Wilson
Colliers International - Sydney
Call
+61 402 079 304
Ben Wilkinson
Colliers International - Sydney
Call
+61 449 928 840

More about Manning Mall 81 Manning Street Taree NSW 2430

Manning Mall 81 Manning Street Taree NSW 2430 is categorized as Shop & Retail Property. It has a floor area of 10,722 m² and a land area of 2.97 ha. The listing ID for this property is 2019397315.

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