PFD Foods (Woolworths), 93 Prosperity Place, Geebung, Qld 4034

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Industrial/Warehouse
|Showrooms/Bulky Goods
|Other
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Published on: 25 Feb 2025
Last updated on: 25 Feb 2025
PFD Foods (Woolworths), 93 Prosperity Place, Geebung, Qld 4034
PFD Foods (Woolworths), 93 Prosperity Place, Geebung, Qld 4034
PFD Foods (Woolworths), 93 Prosperity Place, Geebung, Qld 4034
+12
PFD Foods (Woolworths), 93 Prosperity Place, Geebung, Qld 4034
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Property ID: 504798832
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Key property information

Land Size
5,030.00 m2
Floor Area
1,494.00 m2
Tenure Type
tenanted

20 Year Net Lease – Woolworths Group Investment – Exceptional Metro Brisbane Freehold

PFD Foods (Woolworths), 93 Prosperity Place, Geebung, Qld 4034
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 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.
+ Highly sought after 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
+ Brisbane: population set to grow by 230% to 4.2 million by 2050 with a median house price growth of 19.9% over the last 12 months
+ 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

Property Details

Basic Info

Property Type
Industrial/WarehouseShowrooms/Bulky GoodsOther
Listing Status
On Market
Land Size
5,030.00 m2
Address
PFD Foods (Woolworths), 93 Prosperity Place, Geebung, Qld 4034
Yosh Mendis
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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Contact Agent

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street, Sydney, NSW

Yosh Mendis
Yosh Mendis

Burgess Rawson - Brisbane

Level 13, 241 Adelaide Street, Brisbane-City, Qld

Craig Chapman
Craig Chapman
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      Property ID: 504798832

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