Woolworths Investment in QLD Fastest Growing Coastal Regional
14 David Muir Street , Mackay QLD
Property Highlights
Description
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.
+ Tightly Held strategic 4,024sqm freehold landholding with well-designed improvements offering drive around truck access.
+ Rare to market freestanding Cold Storage Investment.
+ Mackay: Mackay region supports over 47,950 local jobs and has an annual economic output of $17.982 billion.
+ Net income: $140,651pa* + 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.
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