Manning Mall 81 Manning Street,
Taree, NSW 2430
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Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
Manning Mall 81 Manning Street
Taree, NSW 2430
Map of Manning Mall 81 Manning Street
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.
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.
Property ID: 504652572Last Updated: 25 Oct 2024
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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