Rare Affordable High Yielding Investment

329-331 Blende Street , Broken Hill NSW

Property Highlights

High quality improvements
High performing store
Circa 8.5% net yield anticipated

Description

Renewed Lease to Long Established Tenant

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 incl. showroom, office & storage

Harvey Norman, Australia’s leading retailer boasting 220+ stores in 8 countries globally
Long established business in operation for 10 years from this location
High performing store with limited local competition
Net Income: $108,349 pa + GST

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
1,312 SQM

Price

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