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Significant Landholding Leased to PFD Foods (Woolworths)

5-7 Bendall Drive , Mount Isa QLD

Property Highlights

Rare affordable Woolworths Investment
Low 3.5% Site Coverage on 15,745sqm
Net income: $59,907 pa* + GST
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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.
+ 15,745sqm freehold landholding with low site coverage providing possible expansion and free flowing truck access.
+ Rare to market freestanding Cold Storage Investment
+ Mt Isa: One of the largest and most important industrial destinations, being the second largest producer of Copper in Australia.
+ Net income: $59,907 pa* + 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.

*approx

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
15,745 SQM
Building Area
555 SQM

Price

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