Positioned in one of Bega’s most prominent commercial pockets, 42 Church Street presents a rare and versatile investment opportunity with immediate income and significant upside.

Set on an expansive 2,000sqm parcel with valuable dual street frontage, the property comprises three separate lettable spaces, offering flexibility for investors, owner-occupiers or those seeking to reposition and add value. The ground floor is anchored by a well-established Thai restaurant alongside a massage centre, both providing active commercial presence and consistent foot traffic.

Upstairs, the property features a substantial upper-level residence with the potential to be configured into up to ten separate rentable rooms, creating a strong additional income stream or affordable accommodation offering (STCA). This component significantly enhances the property’s yield potential and future flexibility.

With its generous landholding, high exposure location and multiple income streams, the site lends itself to a range of future possibilities including retail expansion, mixed-use development or premium commercial upgrade.

Surrounded by established businesses and benefiting from strong passing traffic, this is a standout opportunity to secure a substantial commercial asset in the heart of Bega’s thriving CBD.

A property of scale, flexibility and undeniable potential – 42 Church Street is an investment worth serious consideration.

Income $36,960 pa + untenanted upstairs area

Rates $14,983.28pa (paid by tenant)

Insurance $9,230pa (paid by vendor)