164 Wellington Street ENortham WA 6401
Property Details for 164 Wellington St E, Northam
Last Listing description (December 2022)
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.
+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.
+Substantial 10,988sqm* corner landholding.
+Rare to market freestanding cold storage facility, encompassing 1,220sqm* of warehouse, office & cold storage.
+Strategically located in the heart of Northam's CBD, 350m* from Northam Village Square anchored by Coles and Aldi, and within 850m* from the Northam Boulevard Shopping Centre anchored by Woolworths, Target and 22 Specialty Stores.
+Net income: $62,708 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
Property History for 164 Wellington St E, Northam, WA 6401
- 06 Dec 2022Sold for $900,000
- 11 Nov 2022Listed for Sale Contact Agent
- 29 Apr 2021Sold for $2,386,666
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0About Northam 6401
The size of Northam is approximately 26.8 square kilometres. It has 24 parks covering nearly 6.8% of total area. The population of Northam in 2016 was 6548 people. By 2021 the population was 6679 showing a population growth of 2.0% in the area during that time. The predominant age group in Northam is 60-69 years. Households in Northam are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Northam work in a trades occupation.In 2021, 66.60% of the homes in Northam were owner-occupied compared with 64.20% in 2016.
Northam has 4,274 properties. Over the last 5 years, Houses in Northam have seen a 135.94% increase in median value, while Units have seen a 56.43% increase. As at 30 April 2026:
- The median value for Houses in Northam is $505,625 while the median value for Units is $360,750.
- Houses have a median rent of $545 while Units have a median rent of $315.
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