Explore some of our commonly asked questions and answers below. If you have a query about office leasing that isn’t answered on this page, please reach out to our team here.
The best way to compare office leases is to look at rent per square metre, incentives, outgoings, and building grade. Sydney, Melbourne, and Brisbane CBDs are the largest markets in the country. Listings can vary greatly in terms of pricing and inclusions, so it’s essential that you compare apples with apples. A tenant advisor can provide tailored comparisons using up-to-date market data and expert insights.
A tenant representative acts only for the tenant, not the landlord. They help tenants identify properties that are a great fit for their needs. They also negotiate lease terms and make sure the lease itself aligns with the needs of the tenants business or organisation. Ultimately, the goal of the tenant representative is to secure the most favourable outcome for the tenant.
The best place to start is by first clearly defining what your business needs from an office space. This includes things like location, size, and budget. A tenant advisor can then search the market on your behalf, arrange inspections, and negotiate the terms of the lease. This process ensures you find the right space in the most efficient manner, and with minimal disruption.
When working out how much space you need, a general rule of thumb is about 8–12 square metres per person, depending on your layout and workstyle. You should also account for meeting rooms, storage, and future growth. A workplace planning session can help calculate your ideal space requirements, or you can use our free office space calculator.
Premium grade buildings in Sydney typically lease for $1,700–$2,200+ per square metre gross per annum. These buildings offer top-tier facilities, energy efficiency (important for sustainability reporting requirements), and premium, central CBD locations. Incentives vary but can reduce effective rental costs significantly.
A-grade buildings in Sydney generally range from $1,300–$1,600 per square metre gross per annum. They should be well-maintained, centrally located, and offer modern features without the higher costs of premium towers.
B-grade offices typically lease for $1,000–$1,250 per square metre gross per annum in Sydney. These spaces are often older or recently refurbished, offering value for businesses seeking functional offices in prime or fringe locations.