According to the current real estate market, the rental vacancy rate in Perth is 16%, the lowest office vacancy rate in 7 years. This rate is low compared with other major cities across Australia, making Perth an attractive city for office space investors seeking long-term returns.
A variety of options exist for those looking for great value when renting office space in the Perth CBD. Whether you're a growing business or an established organization, you'll find high quality offices available at competitive prices in Perth that will accommodate your office needs.
The average office rental price in Perth is around A$600 per square metre per year compared to Sydney @ $1,000 per Sqm. This makes Perth one of the most cost-effective cities in Australia to rent office space and offers significant opportunities for businesses looking to establish a presence in and near the Perth CBD.
With a wide variety of options available, you can choose something that will meet your needs and fit within your budget. From modern, contemporary buildings with great facilities to more traditional spaces with character and charm, you'll find the perfect spot for your business in Perth's thriving real estate market.
Whether you're starting up or already established, there are plenty of great deals on office space in Perth that provide excellent value for money.
Office space rental prices in Perth are generally on the rise as demand for quality office spaces increases. A range of factors have contributed to this increase, including population growth, rising business investments and the general trend towards higher rents.
As a result, office space rentals in Perth have become increasingly competitive with landlords looking to offer attractive terms and amenities such as flexible leases, free parking, modern fixtures & office fitouts and more.
With a wide range of available options to choose from, businesses can find offices that suit their exact needs without breaking the bank. Whether you're looking for something luxurious or something functional and affordable – Perth has it all!
Office space construction in the Perth CBD, which started in boom times, has led to over supply. In during the 2022 Covid-19 pandemic economic crisis even more office space in Perth became available after businesses fled their offices. 2023 Perth office space bargain deals for renting vacant office space in Perth abound. There is plenty of vacant office space near Perth's CBD, in the metropolitan area within 2 km of the CBD and surrounding suburbs of Perth such as West Perth, Subiaco, South Perth, industrial Osborne Park, cultural Northbridge, apartments of East Perth, Burswood and cosmopolitan Victoria Park. Low office rental rates in Perth combined with cheap residential rents have made Perth an attractive proposition for companies to setup offices in Perth. Proximity to South East Asia / ASEAN and the same time zone of Singapore and other Asian cities also makes for a safe, secure and viable proposition to lease offices in Perth
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Once you've rented your new office space in Perth it's time to consider a new office interior design and office fitout. Here are a couple of good Perth office fitout service businesses to consider: Racoe's Perth Office Fitout & Partition company prefabricates floor to ceiling full height, tax dedcutable, affordable office partitions made in Perth for fast office fitout installation services Perth wide.
Absolute Office Comforts in Osbourne Park not only fits out Perth offices but has large stocks available of affordable Perth office furniture to choose from. The photo below is of their office workstations they built for Roy Hill mining company offices in Perth after their good Perth office renovation/refurbishment services.
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