PFD Foods (Woolworths), 28 Hillcrest Road,
Devonport, TAS 7310
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Other
Price information
Sale - Auction
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$271,593
Number of Tenants
1 Tenant
Tenants / Type
PFD Foods (Woolworths)
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
PFD Foods (Woolworths), 28 Hillcrest Road
Devonport, TAS 7310
Map of PFD Foods (Woolworths), 28 Hillcrest Road
Bus stops within 5 km of PFD Foods (Woolworths), 28 Hillcrest Road, Devonport, TAS 7310 Distance Devonport Interchange 2.7 km Devonport 2.8 km No.13 Autumn Dr 4.7 km POWERED BY HERE ©
POWERED BY HERE ©
15 Year Lease - Woolworths Group Investment - 19,520sqm Landholding
- Long 15 Year Net Lease to 2036
- Significant 19,520sqm Landholding
- Net income: $271,593 pa* + GST
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.
+ Expansive 19,520sqm* freehold landholding with a well-designed 3,198 sqm* facility.
+ Rare to market freestanding Cold Storage Investment.
+ Devonport: Tasmania’s third largest city and major service centre, port and tourism link to mainland.
+ Net income: $271,593 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 investments available as part of Burgess Rawson's Portfolio Auction.
Please contact the exclusively appointed sales team for more information
*Approx
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.
+ Expansive 19,520sqm* freehold landholding with a well-designed 3,198 sqm* facility.
+ Rare to market freestanding Cold Storage Investment.
+ Devonport: Tasmania’s third largest city and major service centre, port and tourism link to mainland.
+ Net income: $271,593 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 investments available as part of Burgess Rawson's Portfolio Auction.
Please contact the exclusively appointed sales team for more information
*Approx
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Property ID: 504602824Last Updated: 24 Jun 2024
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