93 Prosperity Place, Geebung, QLD, 4034

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

Remember to mention you found this property on CommercialReady