Woolworths Group Cold Storage Investment | No Stamp Duty Payable
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.
+ 919sqm* cold storage facility incorporating offices, warehouse and cold storage area plus loading docks and expansive hardstand.
+ Significant 5,719sqm* landholding with very low 16% site coverage providing ample car parking and scope for further expansion/development.
+ Rare to market freestanding Cold Storage Investment.
+ Perfect site for distribution with easy access to Lincoln Highway and Whyalla Airport.
+ Situated directly opposite Spotlight, BCF, Supercheap Auto, Mitre 10, Repco and within 100 metres of Westland Shopping Centre.
+ The strength of region is highlighted by recent $12m upgrade to Whyalla Airport, which is serviced by Qantas and Rex.
+ Stamp duty free investment.
+ Whyalla: important port city and iron ore export hub with thriving fishing and tourism industries.
+ Net income: $69,184 pa* + GST
To be sold by Portfolio Auction P157
10:30am (AEDT) Tuesday 6 December 2022
Yallamundi Rooms, Sydney Opera House
12 other PFD Foods (Woolworths) freehold investments are also available.
Contact the Exclusive Selling Agents at Burgess Rawson for further information.
Do you own a similar property?
Whyalla, SA
18 Moran Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 157