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

This property has the following investment highlights:

+ Long 15 Year Net Lease to 2036 plus options to 2071
+ Leased to Woolworths Group Ltd (ASX: WOW) – PFD Foods
+ Woolworths Group is Australia’s #1 retailer, with sales of $67.9 billion in 2024.
+ PFD Foods is one of Australia’s largest food service distributors and part of Woolworths’ B2B Food division with F24 EBIT up 87.1% to $122 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 2.8% annual rent increases.
+ Expansive 19,520sqm* freehold landholding with a well-designed 3,198 sqm* facility.
+ Rare to market freestanding Cold Storage Investment.
+ Devonport: Tasmania’s third largest city and major service centre, port and tourism link to mainland.
+ Net income: $279,198 pa + GST*^

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 25 March 2025
Yallamundi Rooms, Sydney Opera House
Also available as part of Burgess Rawson’s March Portfolio Auction.

– PFD Foods (Woolworths), Geebung (Brisbane) QLD

Please contact the exclusively appointed sales team for more information

*Approx
^As at May 2025