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24-32 Manning Street, Taree, NSW 2430

24-32 Manning Street, Taree, NSW 2430

Retail

  • For Sale
  • $8,550,000.00
  • For Sale
  • Under Contract

IGA Supermarket Plus Liquor - TAREE

  • GREAT INVESTMENT OPPORTUNITY
  • STRONG SUCCESSFUL TENANT
  • OUTSTANDING INCOME $597,819.26 exc GST

  • Land Area
  • 3790.00 m² (approx)
  • Floor Area
  • 3,126 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Oct 10, 2021
  • Parking Comments
  • Ample

Interested in this property? Contact an Agent today

Peter Hanzis - SILVERWATER

PO Box 6412

Silverwater NSW 2128

Peter Hanzis

IGA Supermarket Plus Liquor - TAREE

Premium city centre site with 50 years of trading. Currently leased to Ritchies IGA Supermarket & Liquor till 2027 plus an option to 2047. Lease is guaranteed to ASX listed Metcash. With a large building area of 3,126sqm including a liquor store and with its ideal location in the centre of Taree's main shopping area.

• Net income: $597,819.26 excl GST
• Yield: 6.64% net per annum (approx)

24-32 Manning Street, Taree, NSW 2430

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