Freestanding Woolworths Group Investment Neighbouring Bunnings
59 Norseman Road , Esperance 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 4,022sqm landholding with three street frontages.
+ Rare to market freestanding cold storage facility, encompassing 876sqm* of warehouse, office & cold storage.
+ Located 4km’s* from the Esperance CBD in the Castletown light industrial precinct in neighbouring Repco, Puma (Caltex), Bunnings and Barbeques Galore amongst others.
+ Goldfields-Esperance region is home to growing population of over 57,000* people.
+ Net income: $69,904 pa + GST.
To be sold via Investment Portfolio Auction 157
10.30am AEDT on Tuesday 6 December 2022
Yallamundi Rooms, Sydney Opera House
12 other PFD Foods (Woolworths) freehold investments are also available.
Please contact the exclusively appointed Burgess Rawson team for more information.
* Esperance.wa
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