Serviced Offices Melbourne CBD

Flexible Office Rental Melbourne CBD

Renting or leasing top quality shared workspaces and private offices within this prestigious business location is a must. If you want to rent a Melbourne CBD serviced office, you have come to the right place. Search through our wide ranging list of top quality fully furnished offices and open plan co-work hubs to find your ideal working space.

What You Need to Know about Renting Office Space & Serviced Offices in Melbourne's CBD

As Victoria’s capital city, Melbourne is one of the largest urban and commercial centres of the Australia – Oceania region. Companies wanting prestigious business addresses often find themselves in this fantastic, bustling location. Melbourne’s CBD covers an area of approximately 6 square kilometres. Financial and banking institutions are clustered around Collins Street, law firms are concentrated along William Street, and there is a cluster of creative businesses east of the Docklands.

The Melbourne CBD Office Space Market

Melbourne’s Central Business District covers an area of 6.5 square kilometres, which makes it the largest CBD in Australia. This market contains more than 5.1 million square metres of office space. Prime assets make up for the largest share of the market, with 3.7 million sqm, followed by Grade A at 2.5 million sqm, and the remaining 1 million sqm are secondary grade units.

Popular Office Locations: Melbourne’s office market is divided into three main areas: the Central CBD, Southbank, and Docklands.

Central CBD offices are mostly located between Southern Cross, Melbourne Central, and Parliament stations, with clusters in Collins Street, Bourke, and Queen Street. The Docklands and Southbank are a popular office location for multi-nationals, creative, and back-of-house operations.

Trends: Following the most recent addition of new office supply, this market now consists of 85% prime grade assets. Although some of these new developments were speculative, the majority of recent supply has been delivered to meet the strong demand for new builds.

Rental rates have increased steadily, but they’re still far from 2020 figures, as the CBD has a significant volume of vacant office stock. Other trends in this market involve decreasing lease commitments in the 5 to 10 year range, and an average size for lease enquiries of small plates around 1,000 sqm.

Melbourne CBD Serviced Offices

Choose your next workspace from our range of serviced offices and suites in ultra-central Melbourne CBD locations. These offices offer the best in amenities, networking potential, and environment. Moreover, many of them have a convenient location near the stations at Finders Street and Southern Cross, are a few minutes drive from the M2 highway, and within a 20-minute drive of Melbourne airport.

These fully furnished offices feature 24-hour access to workspaces and common areas, and come equipped with the telecom facilities and business support services you need to get your company up and running in Melbourne’s CBD.

You can also find serviced designer suites and flex workspaces in the Docklands, near the newest office tower in the city at Melbourne Quarter.

Average Office Rental Costs: Average net face rents for prime offices are $700 / sqm, with premium assets achieving top rents above $800 / sqm. Secondary grade units command average net face costs of $540 / sqm.

Melbourne CBD Office Market Outlook

The CBD’s development pipeline consists of 275,000 sqm of new offices that will be delivered by 2027 in 11 development projects, all in central locations such as Collins Street, Swanston, Flinders, and Spencer. In addition, there are some major refurbishments planned and underway mainly along Bourke Street.

New office completions in other parts of the CBD, like Southbank, will be on pause until 2028. This means that rental costs are expected to stay rather flat until some of these new projects start coming into the market, to then increase again along with a drop in incentives.

Find Serviced Office Space Melbourne CBD

Choose a serviced, quality office space in Melbourne CBD. Find short term rentals and leased spaces such as quality office buildings within easy reach of the railway station and other public transport links, business centres with private offices that have mail handling, top quality cowork spaces with hot desk options, 24hour access, broadband internet and disabled facilities, video conferencing, telephone answering, car parking and much more. Or contact us now and we'll do all the work for you. We will be sure to find your perfect office suite, it's all within easy reach!

Contact OfficeSpace.com.au

Whether you require leased spaces in office buildings with 24hour access or a perfect fully furnished and equipped office for rent with telephone answering, disabled facilities, easy access to car parking, high speed internet for video conferencing, kitchen facilities, located just a short walk from the train station or another form of public transport - we've got you covered. If you need help with your Melbourne CBD serviced office space search you can get in touch with us by using the form above.

Office Space for Rent in Melbourne CBD, Victoria

There are 13 office towers, landmark buildings and commercial properties in Melbourne CBD with spaces available for rent or lease including: