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Burgess Rawson - Melbourne

PFD Foods, 18 Moran Street Whyalla, SA 5600

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PFD Foods, 18 Moran Street,
Whyalla, SA 5600

Warehouse, Factory & Industrial • Development Sites & Land • Showrooms & Large Format Retail

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Burgess Rawson - Melbourne
Shaun Venables
Romanor Falconer
Beau Coulter

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
PFD Foods, 18 Moran Street
Whyalla, SA 5600

Map of PFD Foods, 18 Moran Street

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8% Yield Anticipated | Woolworths Group (ASX:WOW) Lease Covenant

  • Landmark 5,719sqm* site
  • Low 16% Site Coverage
  • Stamp Duty Free Investment
Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths), Whyalla SA for sale via Investment Portfolio Auction 166.

This investment has the following key highlights:

+ Leased to subsidiary of Woolworths Group Ltd (ASX: WOW), PFD Foods, to 2026 plus options to 2046.
+ Woolworths Group is Australia’s #1 retailer with a market cap of $43.57Bn and sales of $64.3Bn in FY23.**
+ PFD Foods, one of Australia’s largest food service distributors and part of the Woolworths’ B2B Food Division with sales up 28% in FY23.***
+Attractive landlord-favourable net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance, management fees, repairs and maintenance.
+ Certain rental growth with fixed annual rent increases.
+ 919sqm* cold storage facility including offices, warehouse and cold storage area, loading docks and expensive hardstand.
+ Substantial 5,719sqm* landholding with low 16% site coverage providing ample car space and scope for further expansion/development.
+ Position perfect for distribution with easy access to Lincoln Hwy and Whyalla Airport, one of SA largest regional Airports.
+ Situated directly opposite major national brands, Petstock, Supercheap Auto, Mitre 10, Domino’s and within 100 metres of Westland Shopping Centre.
+ Strength of region highlighted by the Australian Federal Governments recent plans to build a world-leading hydrogen power plant in Whyalla SA as part of their $2bn investment in the Hydrogen Headstart Program.****
+ Stamp Duty Free Investment
+ Whyalla: largest industrial city and principal centre for manufacturing, steel production and resource processing in the Upper Spencer Golf.
+ Net Income: $73,112pa* + GST (as at May 2024).

To be sold by Portfolio Auction 166
10:30am AEDT Wednesday 21 February 2024
Crown Casino, Melbourne VIC

For further information, please contact the exclusive selling agents at Burgess Rawson.

Burgess Rawson & Associates Victoria Pty Ltd | RLA 327401

* approx
** asx.com.au
*** woolworthsgroup.com.au
**** premier.sa.gov

Property ID: 504500524Last Updated: 1 Oct 2024

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