Freestanding Woolworths Group Investment - Coastal Growth Region
Description
Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths) Portfolio, for sale via Investment Portfolio Auction 157.
This investment has the following key investment highlights:
+ Leased to subsidiary of Woolworths Group Ltd (ASX: WOW), PFD Foods to 2026 plus options to 2046.
+ Woolworths Group is Australia’s #1 retailer, with sales of $60.9 billion in FY2022 (1).
+ PFD Foods is one of Australia’s largest food service distributors and part of Woolworths’ B2B Food division with Q1 FY23 sales up 26%.
+ Attractive landlord-favourable, net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance, management fees and repairs and maintenance.
+ Guaranteed rental growth with fixed annual rent increases.
+ Expansive 6,035sqm landholding with low site coverage providing ample parking and truck access.
+ Rare to market freestanding Cold Storage Investment.
+ Coffs Harbour: Australia’s fastest growing coastal city with a population of 79,000+ people.
+ Net income: $133,640p.a + GST.
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 6 December 2022
Yallamundi Rooms, Sydney Opera House
12 other PFD Foods (Woolworths) freehold investments are also available.
Please contact the exclusively appointed Burgess Rawson team for more information
Do you own a similar property?
Coffs Harbour, NSW
17-19 Wingara Drive
- Sold Price: Contact Agent
This property was sold as part of Portfolio 157