Address: Unit 15/5 McKay Gardens, Turner ACT
Lettable Area: 67 sqm
Zoning: CZ2 Business Zone
Tenant: Maven Dental Group Pty Ltd
Current Rent: $36,906 + GST p.a.
Outgoings: $17,016 p.a.
Net Income: Approx. $19,890 p.a. (excl. GST)
Published Reserve: $360,000
Property Highlights:
- 67 sqm ground-floor unit in McKay Gardens Professional Centre
- Existing fit-out with reception, consultation room, open-plan area, kitchenette & storage
- Exclusive-use courtyard with leafy outlook
- 1 secure basement car park
- Zoned CZ2 suitable for medical, allied health, or consulting use
- Short walk to ANU, light rail, and only 1.3km to Canberra CBD
- Ongoing lease until September 2026 with 5 year option
Outgoings Summary
- General Rates - $7,101
- Water and Sewerage Rates - $804
- Strata Levies - $8,111
- Administration/Management Fee - $1,000
- Total Expenditure - $17,016
Auction Details
1. Auction: On-site at the property
2. Date: Sunday, 22 June 2025
3. Time: 11:00 AM
4. Inspections: every Saturday, 9:30 AM to 10:00 AM or by appointment
5. Note: Property will not be sold prior to auction to allow all interested parties time to organise finance and review property documentation
6. Settlement Terms: 30-60 day settlement period offered, nominated by buyer at exchange
7. Stamp Duty: Exempt - what you bid is what you pay
8. Deposit: Payable on the day of auction. Part deposit accepted, but the full 10% remains at risk in the event of buyer default
Contact us today to receive the Information Memorandum and register to bid. A smart, affordable Inner North commercial investment low hassle, high convenience.