Compared to the rest of the Gold Coast market, the Norwood submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 74 listings have been posted online, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Norwood are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 10,720 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 5 stories. Most buildings in this market were built in 1973 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Most of the residents of Norwood work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Norwood.
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