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
Burgess Rawson - Brisbane
Level 13, 241 Adelaide Street, Brisbane-City, Qld
Immobilie ID: 504798832