Unit 1/5 Dann Close Garran, ACT 2605

Ray White Commercial Canberra in conjunction with Ray White Commercial Sydney North is delighted to present Unit 1, 5 Dann Close, Garran for Sale by Public Auction.

Unit 1, 5 Dann Close, Garran provides an opportunity for the astute investor to acquire a secure commercial investment property in the heart of Canberra's premier medical precinct. The following features make this property one of the most attractive commercial investment opportunities currently on offer in Canberra.

• 5 + 5 + 5 + 5 year lease commencing 1/9/2021.
• Leased to a blue chip tenant in Canberra X Ray Pty Ltd, a wholly owned subsidiary of Sonic Healthcare, one of the world's leading providers of medical diagnostics.
• Net rental of $200,103.25** pa plus GST with 3% fixed increases and a market rent review at the commencement of the option period.
• Tenant pays all outgoings.
• Ground floor strata unit of 408.7 sqm* in a quality 2 level building.
• 5 basement carparks, basement storage and good customer parking in immediate vicinity.

*All figures are approximate
**As at 1 September 2022