16A Canning Street, Bega, NSW 2550

Bathrooms
6
Parkings
20
Area
1450m2
Type
House

Last updated on Thursday, June 13, 2024

Expression of Interest - closing date 12 July 2024

16A Canning Street, Bega, NSW 2550 - More Details

Expression of Interest - closing date 12 July 2024

Expression of Interest – Closing date 12th July 2024 (unless sold prior).

Commercial investment opportunities rarely get better than this!

Located in the centre of Bega, this solid building is in good condition throughout and offers investors an opportunity to secure a great lease and return.

Currently leased by South East Radiology, a long standing tenant, with a lease term of 10 years + 5 year option (commenced Jan 2024).

Key points;
- Lease commenced January 2024
- Lease term = 10yr + 5yr option
- Rent income $205,000pa +GST
- Outgoings; the tenant pays the first $8,000 of annual outgoings
- Outgoings include;
o Local council rates
o Water sewage and drainage cost
o Land Tax
o Public Liability Insurance
- Rent Reviews; Annually CPI adjusted
o Each anniversary of the commencement date (Jan 1st 2024) for the initial term (10 years)
- Solid Building in good condition
- 20 car parks (proposed boundaries)

For more information or to arrange an inspection, call Stuart Cook from LJ Hooker on 0418 525 192.
Type
House
Bathrooms
6
Parkings
20
Area
1450m2

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16A Canning Street Bega NSW 2550

Property FAQs

What is the current asking price for the 16A Canning Street, Bega, NSW 2550?

LJ Hooker - Bega has not listed a sale price for 16A Canning Street, Bega, NSW 2550. Contact the agent for a price guide.

What are the standout features of the 16A Canning Street, Bega, NSW 2550?

Explore all key property features for 16A Canning Street, Bega, NSW 2550. Click here to find out more.

What is the total land area and built-up area of the 16A Canning Street, Bega, NSW 2550?

The total land area and built-up area of the 16A Canning Street, Bega, NSW 2550 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 16A Canning Street, Bega, NSW 2550?

16A Canning Street, Bega, NSW 2550 can accommodated 20 vehicles in the parking area.

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