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4-6 Hempenstall Street
Kawana QLD 4701
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Sold on 26 Jun 2024

4-6 Hempenstall Street Kawana QLD 4701

  • Factory, Warehouse & Industrial
  • 2,056 m²
  • Sold

15 Year Lease - Woolworths Group Investment - Prime Logistics Precinct Location

    Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths) Portfolio, for sale via our Investment Portfolio Auction 169.

    This property has the following investment highlights:

    + Long 15 Year Net Lease to 2036 plus options to 2071
    + Leased to subsidiary of Woolworths Group Ltd (ASX: WOW), PFD Foods
    + Woolworths Group is Australia's #1 retailer, with sales of $64.4 billion in FY2023.
    + PFD Foods is one of Australia's largest food service distributors and part of Woolworths' B2B Food division with H1 FY24 EBIT up 45.7% to $71 million
    + Attractive landlord-favourable, net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance and management fees.
    + Guaranteed rental growth with fixed annual rent increases.
    + Prime 4,046sqm* freehold site with a well presented 2,056sqm* facility within core logistics precinct
    + Rare to market freestanding Cold Storage Investment.
    + Rockhampton: a major regional city in Central Queensland and the Beef capital of Australia
    + Net income: $342,208 pa* + GST.

    To be sold by Investment Portfolio Auction
    10:30am AEST Tuesday 25 June 2024
    Yallamundi Rooms, Sydney Opera House

    One of Two PFD (Woolworths) freehold investment available as part of Burgess Rawson's Portfolio Auction.

    Please contact the exclusively appointed sales team for more information

    *Approx

    AUCTION

    Auction date and time25/06/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold26 Jun 2024
    Floor Area2,056 m²
    Land Area4,046 m²
    ParkingAsk Agent
    Property ID2019273728
    Category
    Last updated  26 Jun 2024
    Map for 4-6 Hempenstall Street Kawana QLD 4701

    Property Highlights

    Date Sold26 Jun 2024
    Floor Area2,056 m²
    Land Area4,046 m²
    ParkingAsk Agent
    Property ID2019273728
    Category
    Last updated  26 Jun 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132

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