On average, listings lease in the $30's per square foot per year. The Yacht Club Village region is seeing a a rise in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 43% increase in rent.
Compared to the rest of the Gold Coast market, the Yacht Club Village region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 12 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 420 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Yacht Club Village residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.