Essential Woolworths Group Freehold in $15B Economic Region
164 Wellington Street , Northam WA
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.
+Substantial 10,988sqm* corner landholding.
+Rare to market freestanding cold storage facility, encompassing 1,220sqm* of warehouse, office & cold storage.
+Strategically located in the heart of Northam’s CBD, 350m* from Northam Village Square anchored by Coles and Aldi, and within 850m* from the Northam Boulevard Shopping Centre anchored by Woolworths, Target and 22 Specialty Stores.
+Net income: $62,708 pa* + GST.
To be sold via Investment Portfolio Auction 157
10.30am AEDT on Tuesday 6 December
Sydney Opera House
12 other PFD Foods (Woolworths) freehold investments are also available.
Contact the Exclusive Selling Agents at Burgess Rawson for further information.
* approx
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Price
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