Victoria Place Retail

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Victoria Place

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
1,760
As of: June 28, 2017

Victoria Place Rates

The typical asking rate per listing is in the $60's per square foot per year. The Victoria Place submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $63 per sqft per year.

Compared to the rest of the Gold Coast market, the Victoria Place submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Victoria Place Listing Supply

In the last 90 days, 1 listings have been made available, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 1,600% of the office spaces in the Victoria Place 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,760 sqft. Most buildings in this market were built in 1971 and are Class A.

Victoria Place Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Victoria Place occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Victoria Place.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Victoria Place.
Research

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