OFF MARKET

187/187-189 Newtown Road
Bega NSW 2550

Bedrooms: 7
Bathrooms: 3
Car spaces: -
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Property Details for 187/187-189 Newtown Rd, Bega

187/187-189 Newtown Rd, Bega is a 7 bedroom, 3 bathroom House.

Building Type
House
Local Government
Bega Valley

Last Listing description (March 2022)

This is an incredibly unique opportunity to purchase one of Bega's historical Gems.
"Bismarck House" is circa 1876 located on a generous triple sized block of 3079m2 with elevated 360 degrees views of beautiful Bega.
This heritage listed property has maintained most of its original features, complimented by a full renovation undertaken in 2009. Boasting the original faade; polished hardwood timber floorboards; 12-foot pressed metal ceilings; stained glass doors and sash hung painted timber windows; turned verandah posts and frieze spindles; wide moulded skirtings and architraves, in addition to as many of the original Victorian fixtures and fittings, as could be retained.

Since 1876 Bismarck house has seen many changes.
Most recently it has been operating as a high-end licensed restaurant, caf and function centre maintaining a fully equipped commercial kitchen. The property has a colourful and rich history and has over time been used as a family home, private hospital, maternity hospital and boarding house.
The Far South Coast of NSW is becoming the "go to" place for travellers looking for fine food restaurants spoiled with the bounty that the Sapphire Coast offers from its seafood, its fresh produce and of course, our dairy industry. Set up ready to go with Liquor Licence in place, off street parking for 20 cars easily. Bismarck House has hosted weddings and celebrations; the area is still under supplied with facilities like this as we are also for top end Bed and Breakfast accommodation. With minor renovations it could easily be reverted to its former glory as a stately 5-6-bedroom family home or upmarket B&B.
Perhaps your dream is to own a stately home and enjoy the space with family and friends then Bismarck house will reward you and your guests with its beauty and location. Bega has a new hospital, university as well as great shopping and only 15 minutes from long, uncrowded beaches.
If you're looking for the perfect escape opportunity from the city, the lifestyle and commercial possibilities for this property are endless, and only limited by your imagination.
The current zoning allows a multitude of opportunities (STCA) if you're thinking outside the square.
Only an inspection can confirm that at a similar price to a Sydney Suburban unit, Bismarck House must be the buy off the century. Call us today.

Need somewhere to live if you want to keep Bismarck House as a restaurant conference centre, the house next door is for sale, 214 Auckland Street Bega shares a boundary giving you a home to live and 1200m2 extra, what an opportunity.

Heritage listed property
Full restoration completed in 2009
Impressive stained-glass entry
Generous open plan lounge and dining room areas
Possibility for up to six bedrooms including a separate one-bedroom studio above the garage
Period features abound - high patterned 12' metal ceilings, Victorian fixtures and fittings
Landscaped gardens with granite cobbled stone paths and cast-iron Victorian lamp posts
Original hardwood timber floors
Full commercial kitchen fit out and polished redgum timber bar
Close to shopping precinct, schools and hospitals with major beach resorts only 15 mins away
Potential for multiple commercial uses under existing DA or R2 Residential Zoning (STCA)

Property History for 187/187-189 Newtown Rd, Bega, NSW 2550

A timeline of how this property has performed in the market
  • 19 Dec 2020
    Listed for Sale $1,600,000

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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 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.
There are currently 61 properties listed for sale, and 14 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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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.