Best office space in North Ryde, Macquarie Park
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Supply issues drive rentals - AFR 13th October 2011

Added on Thu 13 October, 2011, 8:41 am

"Options for tenants looking for more than 1000sqm of contiguos space in higher-grade buildings were limeted.  The city's best-performing metropolitan marked was Sydney Olympic Park, with a 0.7 per cont vacancy rate.

 

Rohodes remained strong with 2 per cent vacancies, while the CBD fringe 5.7 per cent.  North Sydney had 9.2 per cent vacancy North Ryde/Macquarie Park 9.8 per cent.

 

Parramatta had a 9.3 per cent vacancy rate, with some of the tightest incentives of any metro market at 10 to 15 per cent for A and B grade assets."

 

"Chatswood remained Sydney's biggest underperformer, with 17 per cent vacancy, followed by Norwest with 15.3 per cent and St Leonards/Crows Nest with 12.5 per cent."

Best office space in North Ryde, Macquarie Park