REGIONAL SHOPPING CENTRE OPPORTUNITY!

SALE by Expressions of Interest - Closing 5pm, Thursday, 27th February 2025!

Welcome to "Chatham Hub". Available to buy now is this popular regional, neighbourhood shopping centre located in the growing NSW Mid North Coast city of Taree.

The property consists of 8 x strata title retail shops, to be sold in one line, offering a total strata area of 1,677sqm (as per strata plan) along with a supporting car park, offering a total land holding of approx. 3,538sqm.

There is strong income from existing tenants, including an IGA Liquor Store, Cafe, Tobacconist and Australia Post, along with solid rental upside from the current vacancies. Contact us for a copy of the Information Memorandum for full details on the property.

The centre has just had the primary tenancy (formerly IGA Supermarket) vacated, creating an opportunity for an astute retailer (or other potential user) to capitalise on the available space, which can be leased, or giving the astute investor the opportunity to purchase the entire centre and operate within the vacant space.

The supermarket tenancy is 1,097sqm (per strata plan) and there is another (adjoining) vacant space of 137sqm (per strata plan), ideal for small to mid-size retailers, or to combine and make one larger retail space.

The land is zoned E1 Local Centre, offering huge flexibility for potential uses or future development on the site (subject to necessary ...