On average, listings lease in the $20's per square foot per year. The Beacon Warehouses South submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year.
Compared to the rest of the Gold Coast market, the Beacon Warehouses South submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available space in the Beacon Warehouses South are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 2 floors.
Public administration is the dominant industry in this region. Most of the residents of Beacon Warehouses South 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.