CBRE is pleased to offer to the market PFD Foods Mount Isa located at 5-7 Bendall Drive, Spreadborough (Mount Isa) Qld 4671 for sale via Investment Portfolio Auction 184.

This opportunity has the following key investment highlights:

+ Extremely rare opportunity to purchase an entry level Woolworths leased investment
+ Eight (8) year net lease to PFD foods to May 2029 plus four (4) further five (5) year options to 2049
+ PFD Foods: one of Australia’s largest food service distributors and a key subsidiary of ASX Listed Woolworths Group (ASX: WOW) (1)
+ Woolworths Group: Australia’s largest retailer with 1,100 sites nationally & employing 190,000+ workers across Australia & New Zealand (2)
+ Landlord-favourable, net lease structure with PFD Foods responsible for 100% of outgoings, including land tax
+ Fixed 2.80% annual rent increases ensuring consistent and compounding income growth
+ Substantial 15,745sqm* landholding, split across two individually titled lots with favourable ‘Low Impact Industry’ zoning (3)
+ Low 20% site coverage* providing strong potential for future value add opportunities
+ Superb 130m* frontage to Bendall Drive with wide driveway facilities offering seamless access & maneuverability for heavy transport vehicles
+ The site comprises a 450sqm* warehouse with an expansive 1,571sqm* skillion awning, featuring cold storage, high-clearance bays, and office as well as an additional 3-bedroom caretaker’s cottage
+ Pivotal location, with PFD Mount Isa servicing areas from Mount Isa, Burketown, Cloncurry, into the Northern Territory plus more
+ Strategically positioned with direct access to Berkly & Boulia Mount Isa Highways, major transport corridors connecting Mount Isa to greater Queensland
+ Perfectly positioned within 3.5km* of the Mount Isa CBD and within 3km* of Mica Creek Industrial Precinct – a strategic heavy industry hub set to support a multitude of large-scale operators (4)
+ Mount Isa LGA: the largest economic, logistics and service centre in the Northwest Minerals Province boasting a gross regional product of $3.28 billion (5 & 6)
+ Net Income: $68,335 pa* + GST

For Sale via Investment Portfolio Auction 184
10:30am (AEST) Thursday 14 May 2026
Level 3, Waterfront Place, Brisbane

Please contact the exclusively appointed CBRE team for more information.

*Approx.

1. PFD Foods
2. Woolworths Group
3. Mount Isa City Council
4. Economic Development QLD
5. QLD State Development, Infrastructure & Planning
6. REMPLAN