Ray White Commercial Canberra are delighted to offer Units 7, 8 & 9/5 Dann Close, Garran for sale via Expressions Of Interest closing 15 MAY 2025.
5 Dann Close, Garran is a prominent multi-level strata building residing in the heart of Canberra's premier medical precinct, located immediately adjacent to the Canberra Hospital, Centenary Hospital for Women and Children, and the National Capital Private Hospital. The strata building comprises 14 units ranging from 47.2m² to 408.7m² in size, and features a secured lower ground car parking for tenants, multiple on grade parking for visitors and elevator access to all levels. The building is occupied by a variety of high profile medical tenants that include Canberra Imaging Group, Clinical Cosmetic Centre and Capital Pathology .
Units 7, 8 & 9 are positioned on the first floor in the building. They offer a combined total net lettable area (NLA) of approx. 488m² and also include a total of 8 car parks plus a storage area in the secured lower ground car park. The established Medical tenant, Brindabella Endoscopy Centre Pty Ltd, holds a long-standing tenure within the building that spans Approx. 30 years. The current lease is a 10 year term, that commenced on 7 May 2023 with a 5 year option.
Brindabella Endoscopy Centre is a health facility licensed with ACT Health and accredited with the National Safety and Quality in Healthcare Standards 2nd Edition by Global Mark. Brindabella Endoscopy Centre was founded in 1995 by a group of 6 Gastroenterologists. It became a part of the Cura Day Hospitals Group in 2008.
The Centre is committed to ongoing improvement of patient care in all areas. It holds an excellent record in delivering quality patient care and managing risks, and continues to focus on improvements to ensure that its services are as safe as possible and continue to provide the highest possible surgical outcome. In 2013, Brindabella Endoscopy Centre underwent a complete refurbishment which created an additional theatre. The internal layout includes a reception and waiting area, 5 offices, 3 bathrooms/toilets, 1 accessible toilet, 2 kitchenettes, pre-op area with 4 beds, 2 theatres, recovery areas with 8 recovery chairs and 5 recovery beds, storage room, locker room and shower.
Key Features:
• Three (3) Strata units under one (1) Lease Agreement
• Combined Approx. 488 m² of NLA
• Longstanding tenant with approx. 30 years. tenure
• Variety of high profile medical tenants within the building
• Adjacent to Canberra Hospital, Centenary Hospital for Women and Children, and the National Capital Private Hospital.
• 8 car parks plus a storage area in the secured lower ground car park
• Ample visitor parking options onsite
• ZONING: Community Facilities
Lease Details:
Lessee: Brindabella Endoscopy Centre Pty Ltd
Lease term: 10 years
Lease Expiry Date: 6 May 2033
Lease Option: 5 years
Annual Reviews: CPI throughout initial term and option period
Current Estimated Annual Net Income: $263,310.58 (Ex GST)
For further information please contact Anthony Alvaro 0484 947 693 or Daniel McGrath 0411 140 523
* All figures are approximate
