The typical asking rate per listing is in the $20's per square foot per year. The Margate region is going through a a boost in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 0% rise in rent.
Compared to the rest of the Gold Coast market, the Margate submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the available space 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.
Even though the median size is 10,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this market were built in 1984 and are Class B.