5/120-122 Lamont St, Bermagui is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2024m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
This well-kept two-bedroom unit is located on the second floor in one of the most spectacular locations on the South Coast.Located directly across from the Bermagui River, you are within walking distance of the school, shops, cafes and the fishermans wharf. Features include:- Two bedrooms with built in cupboards- Combined laundry and bathroom- Open plan kitchen/loungeStrata Levies are currently set at approx. $4,425.40 per year and Council rates are approx. $2,730 per year. The property is currently tenanted at $190 per week, however the market rent would be closer to $250-280 per week.The options are endless- Buy as a holiday home and spend your time kayaking, paddle-boarding and swimming right across the road, Live in and walk everywhere you need to go, or keep as an investment with a long-term tenant already settled.
The size of Bermagui is approximately 44.4 square kilometres. It has 11 parks covering nearly 54.4% of total area. The population of Bermagui in 2011 was 1,670 people. By 2016 the population was 1,544 showing a population decline of 7.5% in the area during that time. The predominant age group in Bermagui is 60-69 years. Households in Bermagui are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bermagui work in a trades occupation. In 2011, 69.4% of the homes in Bermagui were owner-occupied compared with 68.8% in 2016.
Bermagui has 1,618 properties. Over the last 5 years, Houses in Bermagui have seen a 83.01% increase in median value, while Units have seen a 50.30% increase. As at 31 October 2024:
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