Most listings are in the $0's per square foot per year. The Sommerset West - Elmonica North region is experiencing a decline in rates. In the last 3 months, the median rate decreased $31 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 0 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Sommerset West - Elmonica North are subleases, so you will probably have to focus your search on direct office leases. 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 sqft. Most properties in this area are close to 1 stories. Most buildings in this region were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the folk of Sommerset West - Elmonica North work from home. Commuting around an hour a day is the norm for those who opt to reside in this part of town.