PFD Foods: Woolworths Investment in $1.3B Agricultural 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:
+ Securely leased to subsidiary of Woolworths Group Ltd (ASX: WOW), PFD Foods to 2031 plus options to 2066
+ 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.
+ Well-presented 1,077sqm* cold storage facility incorporating offices, warehouse, cold storage and two RSD’s.
+ Expansive 3,909sqm landholding with low 27% site coverage providing ample parking and truck access.
+ Situated in key industrial precinct, perfect for distribution with easy access to all major arterials.
+ Mildura boasts the largest and busiest regional airport in Victoria with 58,314 annual visitors.
+ Total agricultural output for Mildura Regional Council in 2020-21 was $1.13 Billion, the most of any LGA in Australia.
+ Potential 50% stamp duty savings.
+ Mildura: bustling commercial centre of the Sunrayisa and Murray River region with growing trade catchment of circa 60,000.
+ Net income: $100,744pa + 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?
Mildura, VIC
51-53 The Crescent
- Sold Price: Contact Agent
This property was sold as part of Portfolio 157