Premium Kingston investment taken up a level

Investors will like the prospect of buying a whole level in a premium A-grade Canberra building, particularly when that purchase is backed by a solid 10-year lease.

Maxim Chartered Accountants have just recommitted themselves to level 2, 59 Wentworth Avenue, until November 2027 with two further five-year options until 2037.

The 940-square-metre strata title unit is further enhanced by its award-winning fitout that elevates it way beyond traditional office presentation.

L2, 59 Wentworth Avenue, Kingston

"This is an absolutely cracking opportunity for an investor," says Guy Randell, managing director of Burgess Rawson.

"The fitout is amazing, the building, designed by Terry Ring, is first class and the location couldn't be bettered with its proximity to Kingston Foreshore and the parliamentary triangle.

"Add to that a highly regarded tenant and a 10-year lease with options and you have the hallmarks of a great investment," Randell says.

L2, 59 Wentworth Avenue, Kingston

Office accommodation has plenty of natural light and is highlighted by exposed concrete ceilings featuring timber sound baffles and an aesthetic ceiling grid.

There are two boardrooms, each seating up to 14 people. In addition, there are two meeting rooms.

The north facing kitchen is large, seating up to 12 people, and there's a lounge area, walk-in pantry, and other facilities.

There are 24 allocated basement car parks, plus a lockable storage area.

Net income $445,553 plus GST per annum

Agents: Guy Randell & Kate Mason, Burgess Rawson, 0430 272 999 & 0419 843 300

Auction: Tuesday, December 12, 11am, Doltone House, Hyde Park, 181 Elizabeth Street, Sydney

This story Premium Kingston investment taken up a level first appeared on The Sydney Morning Herald.