192-194 Carp Street
Bega, NSW 2550

Overview

192-194 Carp Street, Bega

Located in the heart of Bega's main street, this solid building offers an exceptional investment opportunity with a prime position to benefit from local passing traffic. The property currently generates an approximate annual return of $145,000, supported by existing leases that provide long-term security for investors.

The building comprises two distinct leased areas: the ground floor, which is occupied by a long-term commercial tenant, the Commonwealth Bank of Australia (CBA), under a lease agreement extending until April 2026 with options for renewal; and the upstairs residential area, leased separately until September 2024. This dual tenancy arrangement enhances the property's income stability and appeal.

The ground floor encompasses approximately 400 square meters, while the upper floor, including an outdoor balcony, offers an additional 400 square meters of space. The total floor area of around 800 square meters provides ample room for various uses and demonstrates the building's substantial scale.

Overall, the building is in very good condition, reflecting careful maintenance and management. It presents a secure investment with the advantage of existing leases in place, reducing vacancy risk and providing steady cash flow.

Bega Valley has experienced significant growth in recent years, with Bega serving as the central business district and a key employment hub, including the South East Regional Hospital. This growth underpins the property's strong investment fundamentals and potential for future capital appreciation.

For further details or to arrange a viewing, interested parties are encouraged to make contact through the appropriate channels.

Location