Essential Woolworths Group Freehold in $14B Economic Region
311 Place Road , Geraldton 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.
+Expansive 4,350sqm landholding with dual street frontage to Dwer Street and Place Road.
+Rare to market freestanding cold storage facility, encompassing 867sqm* of warehouse, office, cold storage.
+Located in key Webberton Industrial Estate, 3.5kms from the Geraldton CBD.
+City of Geraldton: The economy generates an estimated $7.344 billion in economic output, representing a massive 52.3% of the economic output for the Mid-West Region totaling $14.049 billion**
+The City of Geraldton’s population is forecast to grow 47% by 2036***
+Net income: $51,400 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
** remplan.com.au
*** Forecast.id
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