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24-32 Manning Street
Taree NSW 2430
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Sold on 15 Apr 2015

24-32 Manning Street Taree NSW 2430

  • Shop & Retail
  • Sold, $7,820,000

Metcash Guaranteed Supermarket. 15 Year Lease with Options.

Leased to 2027 + options to 2047.
Lease guaranteed by ASX listed Metcash.
Metcash over $13.25bn sales in 2013/14.
Ritchies IGA: Founded in 1870, the largest IGA operator in Australia.
IGA have over 1,400 stores nationwide.
Building area 3,126 sqm.
Adjacent to a major council owned car park.
Taree population predicted to grow by 50% by 2030.
Annual CPI rent increases.
Net Income: $545,939 pa + GST.

Auction 2pm AEST Tuesday 14 April 50 Margaret Street Sydney

Michael Gilbert 0430 024 790
Darren Beehag 0411 226 223

AUCTION

Auction date and time14/04/2015 14:00
Auction locationMezzanine Level

Property Highlights

Date Sold15 Apr 2015
Sold Price$7,820,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011846017
Category
Last updated  15 Apr 2015
Map for 24-32 Manning Street Taree NSW 2430

Nearest transport* to 24-32 Manning Street Taree NSW 2430

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Property Highlights

Date Sold15 Apr 2015
Sold Price$7,820,000
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2011846017
Category
Last updated  15 Apr 2015
Level 11.02, 9 Castlereagh Street Sydney NSW 2000

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