Long Term Net Lease to ASX Listed Woolworths Group | Landmark 13,850qsqm* Cold Storage & Logistics Investment

Description

CBRE is pleased to offer to the market the PFD Foods (Woolworths), Derwent Park (Hobart) TAS, for sale via our Investment Portfolio Auction 188.

This property has the following investment highlights:

+ Long 15 Year Net Lease to 2036 plus options to 2071
+ Leased to PFD Foods, one of Australia’s largest food service distributors and wholly owned by ASX Listed Woolworths Group (ASX: WOW), Australia’s #1 retailer, with sales of $71.5 billion* in 2026
+ Attractive landlord-favourable, net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance and management fees
+ Compounding annual fixed 2.8% rent increases ensuring strong growth
+ Expansive 13,850sqm* landholding improved by 4,520sqm* cold storage facility, with low 33% site coverage offering future potential
+ Recent tenant funded expansion showcasing long term tenant commitment
+ Strategically located within the established Derwent Park industrial precinct, minutes to the Brooker Highway and Hobart CBD
+ Derwent Park: key industrial and logistics hub servicing greater Hobart, underpinned by limited competing cold-storage supply
+ City of Hobart: robust and steady economy worth $9.15 billion in gross regional product¹
+ Booming Hobart Tourism: visitors contribute over $1 billion annually to Hobart’s economy, making tourism a key economic driver²
+ Net income: $781,130 pa* + GST

To be sold via Investment Portfolio Auction 188
10:30am AEDT Tuesday 27 October 2026
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx
1 REMPLAN
2 City of Hobart

Please contact the exclusively appointed sales team for more information

Enquire

Contact agents
Yosh Mendis Senior Director
0434 413 188
Matthew Wright Senior Director
+61 458 290 588
George Wilkinson Associate Director
+61 439 173 049
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Derwent Park, TAS

2-4 Bender Drive

For Sale by Portfolio Auction
Tuesday 27th October 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 188

Price: Contact Agent

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