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.
