CBRE and Colliers Ballarat are pleased to offer to market ‘Simplex Insurance Solutions’ located at 72 Mair Street East, Bakery Hill (Ballarat) VIC for sale via Investment Portfolio Auction 184.

The property has the following key investment highlights:

+ Renewed Four (4) Year lease to December 2029 plus option to 2032.
+ Simplex Insurance Solutions: majority owned by ASX listed Steadfast Group with 3 locations across regional VIC. (1)
+ Steadfast Group: largest general insurance broker network in Australasia with over 414 brokerages. (2)
+ Tenant pays all outgoings incl council rates, water rates, building insurance and land tax.
+ Annual CPI rent reviews.
+ Well presented 266sqm* office building.
+ Prime 286sqm* site with 2 on-title sealed and lined car spaces.
+ High profile position on major thoroughfare with exposure to 6,868* vehicles passing daily. (3)
+ Strategic position in heart of Ballarat CBD amongst Coles x2, Ballarat train station, Big W and more.
+ Potential 50% stamp duty saving.
+ Ballarat: VIC’s largest inland city with population forecast to grow 29.35% to 164,365 by 2046. (4)
+ Net Income: $81,000 pa* + GST

To be sold via Investment Portfolio Auction 184
10:30am AEST Wednesday 13 May 2026
Garden Room, Crown Casino, Melbourne

*Approx
1. Simplex Insurance Solutions
2. Steadfast Group Limited
3. GapMaps
4. forecast.id