The typical asking rate per listing is in the $10's per square foot per year. The Parkside region is going through a decline in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 45% decline in rent.
Compared to the rest of the Gold Coast market, the Parkside region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 1 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market were built in 1970 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Parkside folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.