Compared to the rest of the Gold Coast market, the Douglas region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 19 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 58% of the available leases in the Douglas are subleases, so you might be able to find a shorter term or below market rent. 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 2,680 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 12 stories. Most buildings in this area were built in 1973 and are Class A.
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 area. Commute by bike is the most popular way to get to work amongst Douglas occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.