On average, listings lease in the $20's per square foot per year. The Westpoint submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $21 per sqft per year.
Compared to the rest of the Gold Coast market, the Westpoint region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the office spaces in the Westpoint are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 50,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 2006 and are Class B.
Public administration is the dominant industry in this region. Most of the folk of Westpoint 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.