Burgess Rawson is pleased to offer to the market PFD Foods (Woolworths), Geebung (Brisbane), for sale via our Investment Portfolio Auction.
This property has the following investment highlights:
+ Renewed 20 Year Net Lease to 2041 plus options to 2076
+ Leased to PFD Foods, one of Australia's largest food service distributors and part of ASX Listed Woolworths Group (ASX: WOW), Australia's #1 retailer, with sales of $67.9 billion in 2024.
+ 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 2.8% annual rent increases.
+ Highly sought after high value 5,030sqm* freehold landholding with favourable General Industrial zoning in metro Brisbane
+ Recent tenant funded multi-million dollar upgrade to state-of-the-art facility in 2024.
+ Rare to market major inner city Brisbane freestanding Cold Storage Investment
+ Geebung: established metropolitan Brisbane suburb located 11km* from the Brisbane CBD with median house price growth of 19.9% over the last 12 months
+ Brisbane : the third largest city in Australia, with a population forecast to grow by 230% to 4.2 million residents by 2050
+ Net income: $362,372 pa + GST*^
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 25 March 2025
Yallamundi Rooms, Sydney Opera House
Also available as part of Burgess Rawson's March Portfolio Auction.
- PFD Foods (Woolworths), Devonport TAS
Please contact the exclusively appointed sales team for more information
*Approx
^As at May 2025