Prominent corner position with four street frontages

40-42 Manning Street,Taree NSW 2430

Please contact agent

RetailSize: n/a
Block size: 626 m² approx.
The subject property is located on the south western side corner of Manning Street, in the heart of Taree’s commercial and retail precinct. The Taree CBD is dominated by Taree Central Shopping Centre, located directly opposite the subject property, which is anchored by Big W and Woolworths. This well presented building has huge exposure to traffic along Manning and Albert Streets as well as heavy foot traffic from two pedestrian crossings at the front of the building. The building has four prime street frontage tenancies and offers retail and office space with a land area of 626 square metres (approx.) and a total net lettable area is 555 square metres (approx.) with 160 square metres (approx.) of additional basement space.

- Situated within the Taree CBD
- Net passing income of $122,925.88 per annum (approx.) plus GST.
- Benefits from multiple income streams
- Prominent corner position with four street frontages
- Total site area 626 square metres (approx.)
- Total net lettable area of 555 square metres (approx.) plus 160 square metres (approx.) additional basement space
- High exposure to passing foot traffic.
- Fully leased net income - $201,705 pa (approx.).
- Zoned B3 Commercial Core under Greater Taree LEP 2010.

For Sale - Contact Agent.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Block map

Block Map

Key Details

Property Type:Retail
Lot:2
Plan Type:DP
Plan:333623
Block Size:626 (approx)
Stamp Duty:$67,990

Map

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Taree Suburb Information

 
 
Average Age
46 years
Population
15,848
Taree Profile
Taree Occupancy
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This listing has been viewed 7 times. It was first displayed on 30/03/17 and last updated on 30/07/18.