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Burgess Rawson - Sydney
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329-331 Blende Street Broken Hill, NSW 2880

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For Sale - Auction Tue 17 Sep

329-331 Blende StreetBroken Hill, NSW 2880

Showrooms & Bulky Goods • Shop & Retail • Warehouse, Factory & Industrial
Sale Price

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Land area

1312.0m²

Floor area

1212.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$108,577
Number of Tenants
1 Tenant
Tenants / Type
Harvey Norman

Auction

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Rare Affordable High Yielding Freehold Investment

  • Australia’s leading retailer
  • Long established business
  • High performing store
Harvey Norman, one of Australia’s leading retailers boasting 220+ stores in 8 countries globally
Long established business in operation for around 20 years from this location
High profile store with limited local competition

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

IMPORTANT: circa 8.5% net yield anticipated
Renewed 5 year lease to November 2022 + options to 2032
Broken Hill: established city with a population of over 18,000 people
Important economic hub, servicing large regional catchment
Large 1,312 sqm site with two street frontages + flexibility of 3 titles
High quality improvements including showroom, office & storage
Sensational CBD location near national retailers & major banks

Net Income: $108,032 pa + GST

Property ID: 503301238Last Updated: 10 Sep 2019

Burgess Rawson - Sydney
329-331 Blende Street
Broken Hill, NSW 2880
Darren Beehag
Rhys Parker

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000

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Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Darren Beehag

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Darren Beehag
Burgess Rawson - Sydney
329-331 Blende Street Broken Hill, NSW 2880

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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