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Darcy Jarman is pleased to list 12-16 Miller Street, Colac, for sale, occupied by the Corangamite Clinic, a thriving medical clinic opposite Colac Hospital.
The purpose-built medical facility sits on a substantial land parcel with a longstanding occupier, of 28+ years.
A unique opportunity will be available to the purchaser to renegotiate the lease from 2028, with no market review provision for the existing tenant available.
Its prime location in the heart of Colac’s medical precinct, combined with its diverse range of healthcare services, makes this property an outstanding offering for savvy investors and potential owner-occupiers.
Property Highlights:
• Purpose-built 651sqm* medical centre with 21 onsite car space
• Tenant: Corangamite Clinic (GP Clinic)
• Income: $241,808^ p.a. net plus GST and outgoings, with annual CPI increases
• Lease: 5-year lease expiring 2028
• Expansive landholding of 1,913sqm*
• High-exposure location with 38m* of frontage to Miller Street, directly opposite Colac Hospital (Colac Health)
• Potential 50% stamp duty concessions
12-16 Miller Street, Colac is for sale via Expressions of Interest closing Thursday 10 July 2025 at 3pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Darcy Jarman.
Tim Darcy 0418 522 523
Andrew Prowse 0418 534 076
*Approximately
^1 July 2025
Remember to mention you found this property on CommercialReady
Darcy Jarman is pleased to list 12-16 Miller Street, Colac, for sale, occupied by the Corangamite Clinic, a thriving medical clinic opposite Colac Hospital.
The purpose-built medical facility sits on a substantial land parcel with a longstanding occupier, of 28+ years.
A unique opportunity will be available to the purchaser to renegotiate the lease from 2028, with no market review provision for the existing tenant available.
Its prime location in the heart of Colac’s medical precinct, combined with its diverse range of healthcare services, makes this property an outstanding offering for savvy investors and potential owner-occupiers.
Property Highlights:
• Purpose-built 651sqm* medical centre with 21 onsite car space
• Tenant: Corangamite Clinic (GP Clinic)
• Income: $241,808^ p.a. net plus GST and outgoings, with annual CPI increases
• Lease: 5-year lease expiring 2028
• Expansive landholding of 1,913sqm*
• High-exposure location with 38m* of frontage to Miller Street, directly opposite Colac Hospital (Colac Health)
• Potential 50% stamp duty concessions
12-16 Miller Street, Colac is for sale via Expressions of Interest closing Thursday 10 July 2025 at 3pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Darcy Jarman.
Tim Darcy 0418 522 523
Andrew Prowse 0418 534 076
*Approximately
^1 July 2025
Remember to mention you found this property on CommercialReady
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