Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths), Whyalla SA for sale via Investment Portfolio Auction 166.

This investment has the following key 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 a market cap of $43.57Bn and sales of $64.3Bn in FY23.**
+ PFD Foods, one of Australia’s largest food service distributors and part of the Woolworths’ B2B Food Division with sales up 28% in FY23.***
+Attractive landlord-favourable net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance, management fees, repairs and maintenance.
+ Certain rental growth with fixed annual rent increases.
+ 919sqm* cold storage facility including offices, warehouse and cold storage area, loading docks and expensive hardstand.
+ Substantial 5,719sqm* landholding with low 16% site coverage providing ample car space and scope for further expansion/development.
+ Position perfect for distribution with easy access to Lincoln Hwy and Whyalla Airport, one of SA largest regional Airports.
+ Situated directly opposite major national brands, Petstock, Supercheap Auto, Mitre 10, Domino’s and within 100 metres of Westland Shopping Centre.
+ Strength of region highlighted by the Australian Federal Governments recent plans to build a world-leading hydrogen power plant in Whyalla SA as part of their $2bn investment in the Hydrogen Headstart Program.****
+ Stamp Duty Free Investment
+ Whyalla: largest industrial city and principal centre for manufacturing, steel production and resource processing in the Upper Spencer Golf.
+ Net Income: $73,112pa* + GST (as at May 2024).

To be sold by Portfolio Auction 166
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne VIC

For further information, please contact the exclusive selling agents at Burgess Rawson.

Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401

* approx
** asx.com.au
*** woolworthsgroup.com.au
**** premier.sa.gov