153-155 Carp StreetBega NSW 2550
Property Details for 153-155 Carp St, Bega
153-155 Carp St, Bega is a 1 bedroom, 3 bathroom House. The property has a land size of 174m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom House sold in Bega in the last 12 months.
Last Listing description (June 2024)
Discover the ultimate real estate investment opportunity. Located at 153-155 Carp Street, this property offers not one, but two separate shops - each boasting main street frontage and positioned in a high traffic location.
One of the shops features a secure lease (National Hearing Centres), providing an instant and reliable income stream for investors. The second is leased to Watts Convenience on an initial 12-month lease starting September 2023.
Whether you're an owner-occupier looking for the perfect commercial space or an investor seeking to capitalise on the strong rental market in Bega, 153-155 Carp Street is the ideal property for you. Don't miss out on this rare opportunity - contact us today to arrange a viewing.
Lease Details
National Hearing Centres
Term 3 yrs
Commenced 4 / 3 / 2022
Expires 3 / 3 / 2025
Options 3 years * 3 years
Rent $18,000pa + GST
Rent reviews 12 monthly @ 3%
Out goings 42%
Watt Convenience PTY LTD
Term 1 yr
Commence 1 / 9 / 2023
Expires 31 / 8 / 2024
Options 2 year option
Rent $2,440pm ($28,800pa) +GST
Rent review cpi
Out Goings built into lease.
INCOME $46,800pa + GST
Property History for 153-155 Carp St, Bega, NSW 2550
- 18 Jun 2024Sold for $640,000
- 30 May 2024Listed for Sale Sold
- 19 Apr 2023Listed for Sale $700,000
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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 2,963 properties. Over the last 5 years, Houses in Bega have seen a 62.96% increase in median value, while Units have seen a 134.95% increase. As at 31 October 2024:
- The median value for Houses in Bega is $588,062 while the median value for Units is $532,122.
- Houses have a median rent of $525 while Units have a median rent of $340.
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