Category

Office

Date

28 September 2022

Hot Suburbs: Buying or Leasing an Office in Perth

Buying or leasing an office in Perth has many benefits for the business and property owner alike. The Perth commercial real estate market has a wide range of office space available to suit any company, from high-rise office towers to prime-position, easy to access establishments.

Finding the perfect office in Perth

The Perth office market started the year off strong after the office vacancy rate reduced to just 15% in February, which was the lowest in seven years (PVAWA). Since then, the vacancy rate has increased slightly to 15.8%. More stock on show means an improved opportunity for businesses to find the perfect office to rent or buy.

Acquiring a premium commercial office space in a great location isn’t as hard as you might think. Given the direct and relatively easy access to important commercial areas in Perth, any office listing within 15 minutes of the CBD is highly sought after. Unlike other capital cities along the east coast, Perth offices near the CBD are surprisingly affordable and provide excellent growth opportunities.

With demand on the upward trend, and limited new developments over the coming years, we may be seeing a vacancy rate as low as 10% by late 2025. For these reasons, now is the ideal time to acquire an office in Perth.

Top suburbs for an office in Perth

Perth is a sprawling city with new commercial areas appearing every few years. Thanks to this, the near-CBD commercial areas are only growing stronger.

Here are our top suburbs for buying and leasing an office in Perth.

Burswood

Burswood is a classy suburb known for its huge entertainment value with sports and multi-purpose event venues scattered throughout. More importantly, Burswood is positioned just a few kilometres from the Perth CBD, with easy access over the Causeway or Graham Farmer Freeway. The commercial benefits of this prime location are second-to-none, with easy public transport routes and greater accessibility compared to the busy CBD.

The nearby commercial areas in Victoria Park, Belmont, and Kewdale create optimal business and supply-chain opportunities.

Burswood office for sale Perth

9/6 LEIGH STREET, BURSWOOD – $395,000

This first-floor office is in an excellent position which benefits from natural light and a large balcony area facing the Perth CBD. Not to mention, the property is within walking distance of the Burswood Train Station, Crown Resort, and Optus Stadium – post-work entertainment isn’t far away!

Features include reverse cycle air-conditioning, small kitchen area, a partitioned meeting area, and open plan workstations on a 102sqm strata lot.

See more.

Victoria Park

Victoria Park is another prime real estate suburb situated along the Swan River, just a few kilometres south of the Perth CBD. The commercial appeal of the area is largely thanks to its location which features four major roads intertwined with the commercial and residential built-up areas – Albany Highway, Great Eastern Highway, Canning Highway, and the Causeway Bridge.

Some of the best offices in Perth can be found in Victoria Park, separated by various restaurants, cafés, and retail outlets.

Victoria Park offices for sale Perth

45/328 ALBANY HIGHWAY, VICTORIA PARK – $189,500

Situated within a professional office complex deep in the heart of Victoria Park, this fully fit-out office is only 3km from the Perth CBD. The single partitioned office space includes a reception area and open plan lobby featuring air conditioning, carpet, and a well-equipped security system.

This 52sqm office includes onsite parking and street parking.

5/334 ALBANY HIGHWAY, VICTORIA PARK – $360,000

Another well-placed listing along Albany Highway is this office which includes partitions, carpets, exclusive toilets, and air conditioning. The property presents well and has rear access where 3 car parking bays are allocated.

The affordable, 110sqm floor unit is in one of the best locations Victoria Park has to offer!

Victoria Park office for rent Perth

3/328 ALBANY HIGHWAY, VICTORIA PARK – $8,400 Annually

Benefiting from the aforementioned central location along Albany Highway, this ground floor unit is fully furnished and NBN ready. The office is ready to go with all the necessary furniture including desks, shelves, and cabinets. The site has onsite parking and is just a short walk to shops, restaurants, and banks.

The total office floor space is 29sqm.

Grow your business with an office in Perth

Buying or leasing an office in Perth has a wealth of benefits, especially if you can acquire a lot in a premium location near the Perth CBD.

The commercial and industrial real estate experts at Ross Scarfone Real Estate know the South-eastern corridor of Perth like no one else and can help you find the perfect office in Perth.

For more information on commercial properties for sale or lease in Perth, contact us today.