Latest research reveals the harbour city’s vacancy rate is the lowest in more than ten years and the CBD’s office market continues to be one of the nation’s strongest markets.
According to the Property Council of Australia’s latest Office Market Report, Sydney CBD office market vacancy decreased from 4.8 per cent to 4.6 per cent on the first half of 2018, as demand for office space in capital city markets continues to surge.
With exception to the A-grade office sector which recorded an increase in vacancy for the six-month period, Property Council NSW executive director Jane Fitzgerald attributes the low vacancy to withdrawals and robust demand.
Article source: https://theurbandeveloper.com/articles/vacancy-lows-as-sydney-office-market-goes-strength-to-strength?
Ray White’s top 10 listings for August: (Click on the address to view listing)
Part 13, 131 Macquarie Street SYDNEY
Part 4, 15 Castlereagh Street SYDNEY
Lower Ground, Shop 2, 88 Pitt Street SYDNEY
Suite 13.01, 84 Pitt Street SYDNEY
Levels 1-8, 283 Clarence Street SYDNEY
Level 19, 68 Pitt Street SYDNEY
1001, 67 Castlereagh Street SYDNEY
Suite 701, 109 Pitt Street SYDNEY
Part 3, 15 Lime Street SYDNEY
Suite 903, 46 Market Street SYDNEY