Manning Mall 81 Manning Street, Taree, NSW, 2430

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.

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