Office

Level 2, 59 Wentworth Avenue, Kingston

59 Wentworth Ave Kingston, ACT Australia 2604
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Year Built 2000
Lease Type Gross
Current / Passing Rent
Lease Expiration 2031-06-30
Remaining Term 8 years, 11 months
Tenant Maxim Chartered Accountants
Building Area Gross
Number of units 1

Asset Description

JLL is pleased to present Unit 8, 59 Wentworth Avenue, Kingston to the market for Sale.


59 Wentworth Ave is an A Grade strata office building located in Canberra's highly sort after Inner South, just minutes to Parliament House and a short walk to Canberra's premier waterfront, lifestyle precinct - The Kingston Foreshore.


Taking up the whole second floor, Unit 8 forms 940sqm of high quality, secure office Investment with a long 9 Year WALE (weighted average lease expiry) to one of Canberra's most recognized accounting firms Maxim Chartered Accountants. The award winning office fitout was designed specifically for the current tenants needs including two boardrooms, three private meeting rooms, directors' offices, large staff kitchen, open plan workspace, large foyer, and bathrooms.


The unit comes with a generous 24 car spaces on title, storage room as well as access to the rooftop entertaining terrace.


For further information or to arrange an inspection please contact exclusive selling agents.

Investment Highlights

  • 9 year WALE by income+ 2 x 5 year options
  • Whole floor 940 sqm tenancy
  • 100% leased to Maxim Chartered Accountants
  • Attractive 3% fixed annual rental increases guaranteeing rental growth
  • Generous 24 car spaces allocated at a ratio 1 per 40 sqm of office space
  • Net passing income: $443,450 pa + GST * (as at 1 July 2022)


For Sale by Expressions of Interest Closing 4pm Thursday 4 August 2022

All figures are approximate

Last Updated Date: 29 Jun 2022

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Last Updated Date: 29 Jun 2022

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