On average, listings lease in the $20's per square foot per year. The The Hammocks region is going through a an increase in rates. In the last 3 months, the median rate increased $24 per sqft per year. That's a Inf% rise in rent.
Compared to the rest of the Gold Coast market, the The Hammocks region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 16 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 610 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 2008 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. Commute by public transit is the most popular way to get to work amongst The Hammocks folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.