On average, listings lease in the $20's per square foot per year. The Margate region is experiencing a an increase in rates. In the last 3 months, the median rate rose $29 per sqft per year.
Compared to the rest of the Gold Coast market, the Margate region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 8 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the office spaces in the Margate are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 370 sqft. Most buildings in this market are around 1 stories. Most buildings in this area were built in 1984 and are Class B.