158-162 Carp Street BEGA NSW 2550
$1,650,000

DESCRIPTION

For Sale: Rixons Arcade- 158-162 Carp Street, Bega

This is a rare opportunity to invest in a prime commercial property located in the heart of Bega's main street. Rixons Arcade offers a solid, well-maintained brick building with excellent long-term tenants in place.

Property Features:
Land Size: 811 sqm
Building: Solid brick construction
Shops: 12 separate, fully leased retail spaces

Income: $135,961 (excl gst per annum)
Annual Expenses:
Insurance: $11,701
Rates: $9,410
Expected Net Income: $113,786 (excl gst per annum)

Key Benefits:
-Main Street Frontage with dual access for easy customer flow
-Long-Term Tenants providing stable rental income
-Prime Location in Bega’s bustling commercial district
-Income Security with consistent returns from diverse tenants
-Low Maintenance solid brick construction, offering durability and low upkeep costs

This well-positioned investment offers attractive returns and is an excellent addition to any real estate portfolio. Don’t miss out on this outstanding opportunity to secure a reliable income stream in a thriving regional area.