15 Year Lease - Woolworths Group Investment - Prime Logistics Precinct Location

Description

Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths) Portfolio, for sale via our Investment Portfolio Auction 169.

This property has the following investment highlights:

+ Long 15 Year Net Lease to 2036 plus options to 2071
+ Leased to subsidiary of Woolworths Group Ltd (ASX: WOW), PFD Foods
+ Woolworths Group is Australia’s #1 retailer, with sales of $64.4 billion in FY2023.
+ PFD Foods is one of Australia’s largest food service distributors and part of Woolworths’ B2B Food division with H1 FY24 EBIT up 45.7% to $71 million
+ Attractive landlord-favourable, net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance and management fees.
+ Guaranteed rental growth with fixed annual rent increases.
+ Prime 4,046sqm* freehold site with a well presented 2,056sqm* facility within core logistics precinct
+ Rare to market freestanding Cold Storage Investment.
+ Rockhampton: a major regional city in Central Queensland and the Beef capital of Australia
+ Net income: $342,208 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2024
Yallamundi Rooms, Sydney Opera House

One of Two PFD (Woolworths) freehold investment available as part of Burgess Rawson’s Portfolio Auction.

Please contact the exclusively appointed sales team for more information

*Approx

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Contact agents
Yosh Mendis Head of Agency | Partner
0434 413 188
Beau Coulter Partner
0413 839 898
Craig Chapman Sales Executive
0427 110 132
Enquiry Form

Kawana, QLD

4-6 Hempenstall Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 169

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