On average, listings lease in the $20's per square foot per year. The Westpoint submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $26 per sqft per year.
Compared to the rest of the Gold Coast market, the Westpoint submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been posted online, which means listings most likley are 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,110 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 2006 and are Class B.
Public administration is the dominant industry in this area. Most of the residents of Westpoint work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.