SOLD
Sold on 09 Nov 2023 for $715,000

1623 Tarraganda Lane
Bega NSW 2550

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3134m2
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Property Details for 1623 Tarraganda Lane, Bega

Building Type
Commercial
Land Size
3134m2
Local Government
Bega Valley
Lot/Plan
32/DP825069

Last Listing description (November 2023)

Since its establishment in 1989 Stafford's Windows has grown into one of Bega and the NSW south coast's most reputable window and door manufacturers. With a focus on producing high quality residential doors and windows the booming construction in the region provides a clear way forward for years to come.

Coming fully staffed and equipped this workshop and showroom sits on 3137 sqm of prime land (zoned Light Industrial) just minutes from Bega town centre. All production staff are experienced and multi skilled in all areas of production, making Stafford's Window Systems perfect for buyers with any range of industry knowledge.

Incredibly well established and well known in the South Coast region of NSW having operated for over 30 years.

Freehold sits on 3137 sqm of Light Industrial zoned land.
Site includes storage sheds, large display/show room, office spaces, fully equipped workshop plus ample extra parking/storage space.
Rental yield between 8-9%.
Located less than 5 minutes from Bega town centre.

Property History for 1623 Tarraganda Lane, Bega, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$715,000
09 Nov 2023
  • 09 Nov 2023
    Sold for $715,000
  • 17 Mar 2023
    Listed for Sale FHGC $1,100,000
  • 31 Aug 1989
    Sold for $216,990

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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 2,965 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 59 properties listed for sale, and 11 properties listed for rent in Bega on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Bega.

Suburb Insights for Bega 2550

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.