The typical asking rate per listing is in the $10's per square foot per year. The Kelsey City submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 19% increase in rent.
Compared to the rest of the Gold Coast market, the Kelsey City submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 10,190 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the occupants of Kelsey City work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.