OFF MARKET

311 Place Road
Webberton WA 6530

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 535m2
Land area: 4350m2
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Property Details for 311 Place Rd, Webberton

Building Type
Commercial
Year Built
1994
Floor Size
535m2
Land Size
4350m2
Local Government
Greater Geraldton
Lot/Plan
51/D083745

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.
+Expansive 4,350sqm landholding with dual street frontage to Dwer Street and Place Road.
+Rare to market freestanding cold storage facility, encompassing 867sqm* of warehouse, office, cold storage.
+Located in key Webberton Industrial Estate, 3.5kms from the Geraldton CBD.
+City of Geraldton: The economy generates an estimated $7.344billion in economic output, representing a massive 52.3% of the economic output for the Mid-West Region totaling $14.049 billion**
+The City of Geraldton's population is forecast to grow 47% by 2036***
+Net income: $51,400 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.

*Approx
** remplan.com.au
*** Forecast.id

Property History for 311 Place Rd, Webberton, WA 6530

A timeline of how this property has performed in the market
Last Sold
$720,000
06 Dec 2022
  • 06 Dec 2022
    Sold for $720,000
  • 11 Nov 2022
    Listed for Sale Contact Agent
  • 29 Apr 2021
    Sold for $2,386,666
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About Webberton 6530

The size of Webberton is approximately 2.5 square kilometres. It has 1 park. The population of Webberton in 2011 was 146 people. By 2016 the population was 196 showing a population growth of 34.2% in the area during that time. The predominant age group in Webberton is 30-39 years. Households in Webberton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Webberton work in a trades occupation. In 2011, 54.5% of the homes in Webberton were owner-occupied compared with 66% in 2016..

Webberton has 574 properties. Over the last 5 years, Houses in Webberton have seen a 78.66% increase in median value, while Units have seen a 164.65% increase. As at 31 October 2024:

  • The median value for Houses in Webberton is $530,585 while the median value for Units is $360,992.
  • Units have a median rent of $185.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Webberton on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Webberton.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.