OFF MARKET

149 Auckland Street
Bega NSW 2550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 318m2
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Last updated 16 Sep 2024
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Property Details for 149 Auckland St, Bega

149 Auckland St, Bega is a 0 bedroom, 0 bathroom House. The property has a land size of 318m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
318m2
Local Government
Bega Valley
Lot/Plan
11/DP616883

Last Listing description (May 2023)

Burgess Rawson is pleased to offer to the market, 149 Auckland Street, Bega NSW for sale via our Investment Portfolio Auction 160.

This opportunity has the following key investment highlights:

+ New 5 year lease to NRMA branded agency to 2028 plus options to 2037

+ NRMA Agency: Attractive 5% compounding annual rent increases, ensuring significant income growth
+ Prime corner freehold boasting NRMA & caf
+ NRMA: iconic insurance provider servicing over 2.6 million Australians annually
+ Osteria Da Franco Cafe: renewed lease to 2026
+ Thriving South Coast hotspot opposite Woolworths & Dan Murphy's
+ Long established NRMA agency since 2013
+ Immaculate NRMA fit-out
+ Net Income: $65,378 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx.

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Property History for 149 Auckland St, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$890,000
09 May 2023
  • 09 May 2023
    Sold for $890,000
  • 12 Apr 2023
    Listed for Sale Price on Request
  • 08 Jun 2022
    Sold for $580,000
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About 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 2,963 properties. Over the last 5 years, Houses in Bega have seen a 64.32% increase in median value, while Units have seen a 110.41% increase. As at 31 August 2024:

  • The median value for Houses in Bega is $597,143 while the median value for Units is $479,235.
  • Houses have a median rent of $550 while Units have a median rent of $340.
There are currently 56 properties listed for sale, and 12 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Bega.

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