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: $149,285 (excl gst per annum)
Annual Expenses:
Insurance: $20,000
Rates: $10,400
Expected Net Income: $139,029 (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.
The size of Bega is approximately 31.4 square kilometres. There are 19 parks, covering nearly 2.6% of the total area. The population of Bega in 2016 was 4668 people. By 2021 the population was 5013 showing a population growth of 7.4% in the area during that time. The predominant age group in Bega is 60-69 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 2021, 63.50% of the homes in Bega were owner-occupied compared with 61.70% in 2016.
Bega has 2,990 properties. Over the last 5 years, Houses in Bega have seen a 35.49% increase in median value, while Units have seen a 24.79% increase. As at 31 May 2026:
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