115 Gipps StreetBega NSW 2550
Property Details for 115 Gipps St, Bega
115 Gipps St, Bega is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 746m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (October 2016)
L5775. Single storey, retail premises fronting Gipps Street and a two bedroom residence with a strong rental history. Car parking, garage and storage area at the rear.
* Leased to a local, long term, retail outlet
* $26,000pa income for retail portion plus part outgoings paid by tenant including rates, water use and insurance
* Current retail lease July 2016 - June 2021 plus 5 year option
* Zoned B2 Local Centre
* Located on a prominent prime location in the heart of the CBD
Full lease and contract available on request.
Property History for 115 Gipps St, Bega, NSW 2550
- 20 Oct 2016Sold for $530,000
- 16 Aug 2016Listed for Sale Auction
- 19 Jul 2016Listed for Rent $285 / week
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0About Bega 2550
The size of Bega is approximately 31.4 square kilometres. It has 19 parks covering nearly 2.6% of total area. The population of Bega in 2011 was 4,756 people. By 2016 the population was 4,674 showing a population decline of 1.7% in the area during that time. The predominant age group in Bega is 50-59 years. Households in Bega are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bega work in a labourer occupation. In 2011, 66.6% of the homes in Bega were owner-occupied compared with 61.7% in 2016.
Bega has 2,960 properties. Over the last 5 years, Houses in Bega have seen a 65.00% increase in median value, while Units have seen a 57.88% increase. As at 31 July 2024:
- The median value for Houses in Bega is $602,247 while the median value for Units is $424,585.
- Houses have a median rent of $530 while Units have a median rent of $340.
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