Manning Mall, Taree, NSW
DESCRIPTION
Manning Mall is located approximately 300 km north of Sydney in the main retail street of Taree. The centre was extended and refurbished in 2009 to include a new Target store and a Coles supermarket.
| SUMMARY INFORMATION | |
|---|
| GRADE | Sub Regional |
| OWNERSHIP | 100% MPT |
| GLA | 10,931 sqm |
| CARSPACES | 420 |
| ACQUISITION DATE | Dec 06 |
| LAST EXTERNAL VALUATION DATE | 31 Dec 11 |
| VALUATION AT 31 DEC 11 | $34.8m |
| VALUER | COLLIERS INTERNATIONAL |
| CAPITALISATION RATE | 8.50% |
| DISCOUNT RATE | 9.50% |
| CENTRE MAT | $52m |
| SPECIALTY OCCUPANCY COST | 11.7% |
| MAJOR TENANTS | NLA SQM | LEASE EXPIRY |
|---|
| COLES | 3,650 | Sep 24 |
| TARGET | 3,500 | Nov 18 |
| LEASE EXPIRY PROFILE % AREA | |
|---|
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