Wellington Retail

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Wellington

Office Space Market Report

Number of Listings (last 90 days)
10
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,500
As of: February 27, 2017

Wellington Rates

On average, listings lease in the $10's per square foot per year. The Wellington submarket is going through a a boost in rates. In the last 3 months, the median rate went up $19 per sqft per year.

Compared to the rest of the Gold Coast market, the Wellington region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Wellington Listing Supply

In the last 90 days, 10 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 2006 and are Class A.

Wellington Community

Market Report

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

Market Data

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