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.
According to Instant’s specialist local consultant, Tashi Gazzard “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.”
In terms of city developments, Brisbane’s $5 billion bus and train (BaT) tunnel project is set to drastically improve transport in the city.
It will consist of a five kilometre tunnel combining a railway and busway in a single, double-decked tunnel beneath the Brisbane River and CBD.
The project is due for completion in 2021.
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.
In general, private suites are favoured over coworking 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.
Serviced office 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.