30/04/2026
๐๐ข๐ฅ ๐ฆ๐๐๐ | ๐ช๐ต๐ผ๐น๐ฒ-๐๐น๐ผ๐ผ๐ฟ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ข๐ณ๐ณ๐ถ๐ฐ๐ฒ ๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐
An exceptional opportunity is offered to secure Unit 8, 59 Wentworth Avenue, Kingston, a tightly held commercial strata asset comprising the entire second floor of approximately 940 sqm within one of the Kingston Foreshoreโs most respected office buildings.
Occupying a prominent corner position at the intersection of Wentworth Avenue and Cunningham Street, the building is an architecturally designed landmark originally developed by a collective of business owners seeking to create a high-quality, owner-occupied office environment for their own professional practices. Completed in 2009, the building was designed by the renowned Terry Ring & Associates, who continue to own and occupy space within the property, underscoring the enduring quality and pedigree of the development.
The investment is securely leased to Maxim Chartered Accountants, a long-established and highly reputable accounting and business advisory firm with over 25 years of successful operation in the Canberra market. The lease has approximately 5 years and 4 months remaining, expiring on 30 June 2031, together with two further 5-year option periods, providing strong long-term income security. The lease benefits from fixed annual rental increases of 3%, reviewed annually on 1 July.
From a financial perspective, the property offers a compelling income profile with a forecast net return for the FY26 financial year of $454,600 (ex GST), delivering a stable and passive investment underpinned by a blue-chip professional services tenant.
The unit is complemented by 24 secure basement car parking spaces, equating to an excellent parking ratio of approximately 2.55 spaces per 100 sqm, together with a 12 sqm basement storeroom. This level of on-site parking significantly enhances tenant appeal and long-term leasing performance within the Kingston Foreshore precinct.
Located within the vibrant Kingston Foreshore, the property enjoys immediate access to public transport, cafรฉs, restaurants, and lifestyle amenities, while remaining in close proximity to the Parliamentary Triangle and Canberra CBD.
A rare opportunity to acquire a high-quality whole-floor office investment in a blue-chip inner-south location, supported by a proven tenant, strong lease structure, and excellent underlying fundamentals.
๐ฉ Contact Alex Smith from Sentia for further information or a time to inspect the property.
๐ 0409 007 649
๐ง [email protected]
๐ www.sentiare.com.au
