Rare Affordable High Yielding Freehold Investment

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: $108,019 pa + GST