Description

Ideally positioned just off the Princes Highway with strong visibility and access, 1–3 Forest Street, Colac presents an outstanding opportunity for investors, developers, or owner-occupiers.

The property sits on a substantial 3,375sqm Industrial 1 zoned allotment and comprises two warehouse buildings totalling approximately 940sqm. Warehouse 1 is securely leased to ASX-listed Burson Auto Parts (BAPCOR), delivering a reliable net income of $25,427 per annum + GST. The lease commenced in November 2025 with a five-year term, two further three-year options, and annual CPI increases, providing long-term income growth and security.
Warehouse 2 is currently partly vacant, offering immediate scope for owner-occupation or the potential to lease and increase overall returns. The generous landholding also allows for future development or expansion (STCA), adding further upside to this already appealing asset.

With a proven income stream, flexible occupancy options, and development potential in a tightly held industrial precinct, this is a rare chance to secure a quality commercial property in a strategic Colac location.
For Sale by Expression of Interest closing 22 July at 1pm.