A solid standalone commercial building offering multiple established tenancies, diversified rental income and excellent flexibility for an investor or owner-occupier, positioned adjoining Bega’s established medical precinct.

The property comprises approximately 290sqm of building area and provides a practical configuration of separate tenancy areas, allowing for multiple income streams while reducing reliance on a single tenant.

The building is a substantial, self-contained commercial property, providing a functional combination of office, workspace, storage and courtyard areas. Its standalone nature provides flexibility for a range of commercial uses and the opportunity to further adapt the space to suit future requirements.

Diligently Maintained by the Current Owners
The vendors have taken a proactive and diligent approach to the ongoing maintenance and improvement of the property, with significant works undertaken over their ownership.

Improvements have included electrical rewiring, upgrades to stormwater infrastructure and ongoing general maintenance, providing an asset that has been well cared for and maintained to a high standard.
This attention to maintenance provides prospective purchasers with confidence in the underlying quality and presentation of the property.

Established Rental Income
The property currently generates approximately $3,963 per month, or $47,556 per annum, across five separate tenancies:

- Tenancy A: $1,725 per month – leased to 5 November 2027
- Tenancy B: $830 per month – leased to 31 July 2027
- Tenancy C: $333 per month – leased to 30 June 2027
- Tenancy D: $550 per month – leased to 31 December 2027
- Tenancy E: $545 per month – courtyard and storage – leased to 31 August 2027

Approximate Building Areas
- 99A: 150sqm
- 99B: 75sqm
- 99C: 20sqm
- 99D: 45sqm
- Total building area: approximately 290sqm

Outgoings
- Council rates: approximately $6,525 p.a.
- Water: approximately $400 p.a.
- Fire safety: approximately $1,630 p.a.
- Insurance: approximately $4,560 p.a.

With its solid standalone construction, approximately 290sqm of building area, five established income streams and location adjoining Bega’s medical precinct, 99 Carp Street represents a practical commercial investment with diversified tenancy income and scope for future growth.

Contact LJ Hooker Bega today for further information or to arrange an inspection.