The typical asking rate per listing is in the $20's per square foot per year. The Margate region is experiencing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decline in rent.
Compared to the rest of the Gold Coast market, the Margate submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 12 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,550 sqft. Most properties in this region are approximately 1 floors. Most buildings in this area were built in 1984 and are Class B.