OFF MARKET

68 Goldie Street
Smithton TAS 7330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 248m2
Land area: 999m2
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Property Details for 68 Goldie St, Smithton

Building Type
Commercial
Year Built
1975
Floor Size
248m2
Land Size
999m2
Local Government
Circular Head
Lot/Plan
11/77588

Last Listing description (March 2023)

Burgess Rawson is pleased to offer to the market the PFD Foods (Woolworths) Portfolio, for sale via Investment Portfolio Auction 157.

This investment has the following key investment 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 sales of $60.9 billion in FY2022 (1).
+ PFD Foods is one of Australia's largest food service distributors and part of Woolworths' B2B Food division with Q1 FY23 sales up 26%.
+ Attractive landlord-favourable, net lease structure; PFD Foods (Woolworths) pay rates, land tax, building insurance, public liability insurance, management fees and repairs and maintenance.
+ Guaranteed rental growth with fixed annual rent increases.
+ 334sqm* cold storage facility incorporating offices, warehouse, cold storage and two RSD's.
+ High profile 998sqm* highway site with important dual frontage allowing for easy truck drive-thru.
+ Rare to market freestanding Cold Storage Investment.
+ Strategic position in Tasmania's largest dairy area, with over 30% of the state's dairy farms situated in Circular Head Council.
+ The largest employer in Smithton is McCains Foods Australia with recent $37 million factory upgrade.
+ Smithton: capital township of shire, accounting for huge 12% of TAS annual agricultural production.
+ Net income: $27,756 pa* + GST

To be sold via Investment Portfolio Auction 157
10.30am AEDT on Tuesday 6 December
Sydney Opera House

12 other PFD Foods (Woolworths) freehold investments are also available.

Contact the Exclusive Selling Agents at Burgess Rawson for further information.

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Property History for 68 Goldie St, Smithton, TAS 7330

A timeline of how this property has performed in the market
Last Sold
$420,000
06 Dec 2022
  • 06 Dec 2022
    Sold for $420,000
  • 11 Nov 2022
    Listed for Sale Contact Agent
  • 29 Apr 2021
    Sold for $4,648,988
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About Smithton 7330

The size of Smithton is approximately 91.3 square kilometres. It has 18 parks covering nearly 4.6% of total area. The population of Smithton in 2011 was 3,934 people. By 2016 the population was 3,862 showing a population decline of 1.8% in the area during that time. The predominant age group in Smithton is 50-59 years. Households in Smithton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Smithton work in a labourer occupation. In 2011, 70.1% of the homes in Smithton were owner-occupied compared with 65.7% in 2016.

Smithton has 2,212 properties. Over the last 5 years, Houses in Smithton have seen a 62.05% increase in median value, while Units have seen a 56.87% increase. As at 30 November 2024:

  • The median value for Houses in Smithton is $358,326 while the median value for Units is $300,322.
  • Houses have a median rent of $375 while Units have a median rent of $280.
There are currently 22 properties listed for sale, and 2 properties listed for rent in Smithton on OnTheHouse. According to CoreLogic's data, 82 properties were sold in the past 12 months in Smithton.

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