An Aladdin’s cave-style den of allegedly stolen goods has been uncovered by police investigating a series of burglaries in Sydney and Melbourne.
The $6.5 million haul – including 120 kilograms of silver bullion, thousands of pieces of jewellery, family heirlooms, precious gems and $4 million in cash – was found at a storage unit in Crystal Street, Waterloo on Wednesday.
Police allege the items were stolen during a string of home burglaries on Sydney’s north shore and a break-in at a storage unit in Ivanhoe, northeast Melbourne, earlier this year.
Detectives set up a strike force to investigate the alleged burglaries in September and arrested two men, aged 33 and 56, at a boarding house in Randwick, in Sydney’s east, on December 19.
The men were extradited to Victoria and remanded in custody.
Inquiries regarding the Sydney burglaries are ongoing, NSW police said.