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.
