8 Swan StreetBega NSW 2550
Property Details for 8 Swan St, Bega
Last Listing description (March 2024)
Located in the center of Bega just off the main street this small home is currently tenanted by a local building firm as their office base and storage area.
The property is well presented and maintained and would suit either an investor looking for property that will return from day one or an owner occupier who is willing to wait for the current lease to expire.
The current lessee has set the property with a reception area at the front; an open planned workspace, two separate offices, a bathroom, kitchenette and common break-room area. A large shed and good parking at the rear of the property are well utilized.
Current lease is in place until 30 June 2025 with a further 2 year option in the tenants favor.
Inspections are by appointment, please call to arrange an inspection.
Property History for 8 Swan St, Bega, NSW 2550
- 30 Aug 2024Sold for $500,000
- 01 Mar 2022Listed for Sale $549,000
- 20 Nov 2007Sold for $187,000
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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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