20 Year Net Lease – Woolworths Group Investment – Exceptional Metro Brisbane Freehold
Description
Burgess Rawson is pleased to offer to the market PFD Foods (Woolworths), Geebung (Brisbane), for sale via our Investment Portfolio Auction.
This property has the following investment highlights:
+ Renewed 20 Year Net Lease to 2041 plus options to 2076
+ Leased to PFD Foods, one of Australia’s largest food service distributors and part of ASX Listed Woolworths Group (ASX: WOW), Australia’s #1 retailer, with sales of $67.9 billion in 2024.
+ 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.
+ Highly sought after high value 5,030sqm* freehold landholding with favourable General Industrial zoning in metro Brisbane
+ Recent tenant funded multi-million dollar upgrade to state-of-the-art facility in 2024.
+ Rare to market major inner city Brisbane freestanding Cold Storage Investment
+ Geebung: established metropolitan Brisbane suburb located 11km* from the Brisbane CBD with median house price growth of 19.9% over the last 12 months
+ Brisbane : the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net income: $362,372 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), Devonport TAS
Please contact the exclusively appointed sales team for more information
*Approx
^As at May 2025
Do you own a similar property?
Enquire
Contact agents

Yosh Mendis Head of Agency | Partner
0434 413 188
Craig Chapman Sales Executive
0427 110 132Enquiry Form
Geebung, QLD
93 Prosperity Place
- Sold Price: Contact Agent
This property was sold as part of Portfolio 175
Contact agents
-
Yosh Mendis Head of Agency | Partner
0434 413 188 -
Craig Chapman Sales Executive
0427 110 132