A guide to office space in Brisbane

Brisbane is the capital of Queensland, and the third most populous city in Australia. The economy is dominated by IT, finance and administration. Brisbane also has a strong industrial sector, which covers petroleum refining, mining and resources, paper milling and metalworking. The city is home to a number of higher education institutions and industry-specific research facilities, such as the Brisbane Technology Park, University of Queensland and the Health & Food Sciences Precinct. Businesses headquartered here include Laing O'Rourke, Australia’s largest privately-owned engineering and construction company; Suncorp, one of Australia’s largest banks; Flight Centre; and Virgin Australia.

The location

Brisbane is situated on the east coast of Australia, in the south-east corner of the state of Queensland. The Brisbane River runs through the city, leading to the Port of Brisbane, one of the country’s fastest growing container ports. The airport is located 12km from the CBD, and the city is well served by bus, ferry and rail connections.

Neighbouring areas - price comparisons, per person per month

The prices given below are the minimum to maximum average cost for executive suites, per person per month, derived from our Sales Team's knowledge.
Area Indicative price range
Brisbane AUD600 – 1000
Fortitude Valley AUD400 – 900
Milton / Toowong AUD400 – 800
Mount Gravatt AUD400 – 900


Brisbane, Australia

Looking for an office in Brisbane

The Brisbane office market is steadily growing, with the addition of new office buildings in the area.  The CBD is a good option for businesses looking to establish themselves in Brisbane, due to ease of access, local amenities and the surrounding companies. However, prices in the CBD tend to be higher, so it all depends on a company’s budget and requirements. It is location rather than postcode that is valued in Brisbane. There is not the same emphasis on postcode as there is in the UK and London. Companies of certain stature and size will be looking for a CBD presence and address.

Costs

The ANZ market does not typically use workstation or desk rates to give guide prices. However, the Brisbane CBD ranges from $600 – 1000 per desk, while in surrounding areas, prices range from around $400 – 900. Prices will vary according to location and requirements. Costs are inclusive of amenities, which can cover Internet, meeting rooms, IT and administrative support, lounges and kitchens, car parking, videoconferencing and AV equipment, among others.

Office sizes

In general, private suites are favoured over co-working spaces in Brisbane. Instant offer a great variety of flexible office space in a choice of sizes, and are able to accommodate most enquiries, from one person through to 100 or more depending on the specifics. Executive suite providers can be flexible with the layout of the workspace, and are happy to discuss partitioning to fit a particular requirement.

Why choose Brisbane?

Brisbane is a thriving and progressive city, and is rapidly becoming an economic powerhouse in the Asia-Pacific region. With a stable political environment, investment in infrastructure projects, and proven and forecast economic growth, the city is the ideal Australian location in which to establish your business. Along with cultural attractions and excellent transport links, Brisbane offers a great quality of life with a lower cost of living.

Five things you probably didn’t know about Brisbane:
  • The city is affectionately known as Bris-Vegas because of its cosmopolitan lifestyle
  • Staged the 2104 G20 World Leaders Summit growing its global recognition
  • The share of Brisbane’s working age population (15 – 64 years old) is higher than the national average at almost 70%
  • Brisbane has the largest local government in Australia
  • Brisbane attracts the most international visitors of any region in Queensland
Cycle path, Brisbane Australia

A closer look at Brisbane

These are the most popular areas in which to rent office space:

Brisbane CBD

Brisbane’s CBD is situated on the northern bank of the Brisbane River, which lends itself to spectacular views, and is populated by a number of skyscrapers, iconic buildings and parks. Within the CBD is an area known as the Golden Triangle, the central hub of Brisbane’s financial district. Other industries populating the CBD include law and mining. The CBD is well connected by public transport – buses stop at Queen Street Bus Station and King George Square bus station, train routes connect at Central railway station and Roma Street railway station, and ferries operate along the Brisbane River. There are also four bridges connecting the CBD to the southern bank, and the Brisbane Riverwalk is ideal for those who cycle or walk to work. Finally, the area is served by excellent local amenities, with restaurants, bars, shopping centers, cultural attractions and some of the city’s best restaurants.

Fortitude Valley

Fortitude Valley, one of Brisbane’s most dynamic commercial developments, is located immediately north-east of Brisbane’s CBD. The area possesses a lively dining and retail quarter, and is home to many businesses from the IT and creative industries. It's served by Fortitude Valley railway station, as well as buses, taxis and Brisbane's major arterial road networks. Fortitude Valley is growing rapidly as a hub for corporate headquarters, including QT Mutual Bank, Vodafone, Puma Energy and Nando's, Australia.

West End

West End is a growing creative district in southern Brisbane, and contains the head offices of some of Queensland’s main arts organizations. There are many public transport options nearby including bus, ferry and train stations, and it's only a short drive from the CBD. The area is known for its many cafés, restaurants and specialist grocery stores, with shopping centerd around Boundary Street. There is also a strong industrial presence in the West End, owing to the factories along the riverbank.

Toowong

Toowong is situated about five kilometres west of the CBD. In the center of this suburb is a commercial area known as Toowong Village, which includes a number of modern office buildings, and has developed into a prestigious shopping and dining precinct. The area is a major transport hub, as most bus and train routes from the western suburbs pass through Toowong. It's also connected via ferry, several main roads, and two main bicycle paths. Toowong is a bustling retail hub, with major stores from almost every retail category including jewellery, groceries, fashion, travel and homeware.

*Last updated 1 June 2015

Want to find out more?

If you’re looking to move into the area, or simply require more information, contact Instant Offices’ specialist local consultants.

Email our team or call us and we'll be delighted to help you.

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