Office Rental Adelaide City

Serviced Offices for Rent Adelaide CBD

OfficeSpace.com.au has serviced offices, virtual offices and shared office space for rent in professional business centres and commercial office properties in the City of Adelaide, Southern Australia. These serviced and wired office spaces are available now on flexible, short term contracts and most come with a wide range of professional services, high spec features such as kitchen facilities, serviced meeting room facilities and other amenities. This provides your company with whatever is desired, such as move-in ready furnished office spaces or perhaps a coworking office space with meeting rooms, onsite cafe facilities, private offices within walking distance to your favourite lunch spot, or car parking in a prestigious location, without tying you into an expensive long term lease. If you are in search for the perfect furnished office in Adelaide CBD, or simply in need of a new inspiring view - see our wide range of public and private offices right here, where you have full access to the best in the city.

What You Need to Know about Renting Serviced, Shared & Virtual Offices in the City of Adelaide SA

Adelaide City serves as the business epicentre of Southern Australia. Out of the 1.6 million square metres of office space that exist in Greater Adelaide, the Central Business District area contains the vast majority of it with 1.4 million. B to D Grade offices account for the majority of office inventory in the heart of the CBD area.

City of Adelaide Office Locations: Key central business office locations in Adelaide city include the Central Business District and business districts south of the CBD, mainly those between Adelaide Showground station and Portrush Road. On the other hand, the Melbourne Street office locations in Adelaide (located north Adelaide, Central Business District) are preferred by start-ups in medical and professional services fields, whereas the Research & Medical Precinct is a top destination for tenants in search of R&D private offices with restricted access, onsite parking, disabled facilities, or essential meeting rooms.

Adelaide Office Market Trends: As it happens in other secondary office markets, local economy improvements and increased investment are behind flight-to-quality trends in Adelaide City, South Australia’s gem. As the local office market becomes more attractive to firms looking to relocate or expand, owners of secondary serviced offices are seeing the need to refurbish or upgrade their properties in order to remain competitive. Another trend worth mentioning is the rise in popularity of flex space with meeting rooms and serviced office space for rent since there are almost 30 such modern offices in the City of Adelaide SA area.

Adelaide CBD Office Vacancy Rates: Central Business District vacancy rates have been decreasing steadily and in 2017 dropped to levels below 20 per cent for the first time. Vacancy levels are likely to keep contracting due to the limited supply of premium and A Grade offices in the city. Incentives are above the national average, ranging between 35 and 40 per cent, whereas average gross face rents for A grade offices are $500 / sqm and under $400 for B Grade space (mid 2017 data).

Outlook for the Adelaide Office Market: Adelaide’s recovering economy is drawing the attention of overseas investors, which will benefit the furnished office market since construction projects are lined up until 2019, mainly in areas like Charter’s Hall and Franklin Street. Moreover, stamp duty reforms are expected to turn the local commercial real estate market into one of the most affordable at national level, so scope for growth is on the cards.

Why Companies Rent Office Space in the City of Adelaide SA

Adelaide City is one of most important economic engines of Southern Australia, since its economic output accounts for almost 20 per cent of the state’s total GSP.

Key Industries in Adelaide City: Important sectors range from manufacturing and natural resource exploration to high-tech and high-value industries, which carry an increasing weight in the economy in the heart of the Adelaide Central Business District. Financial services are particularly important to Adelaide’s economy, since nearly 40 per cent of all the city’s businesses are involved in financial activities.

A Highly Educated Workforce: Adelaide’s labour market is made up of a workforce of over 120,000 people and is characterised by high educational attainment levels. The largest occupational group are professionals with a university degree, so it is relatively easy for employers to find skilled workers in areas like management, commerce, engineering, technology, and health.

Business Benefits & Support: One of the benefits of setting up a professional business in Adelaide SA is the city’s strong track record in terms of innovation and entrepreneurial spirit. Adelaide SA is currently home to more than 15,000 businesses, who enjoy a favourable taxation regime and support from local authorities in the form of grants, professional business advice, mentoring schemes, and training. Other sources of practical support for owners of small businesses are the Australian Bureau of Statistics Small Business Portal, and Enterprise Adelaide SA.

Find Serviced, Shared & Virtual Offices in Adelaide City

Choose from serviced, shared and virtual office space for rent in 9 offices, professional business office buildings, workspaces and serviced meeting room facilities throughout Adelaide. Search and view the carefully selected offices right here, or contact us now by submitting the form and let us do the work for you.

Office Space for Rent in City of Adelaide, South Australia

There are 9 office towers, landmark buildings and commercial properties in City of Adelaide with spaces available for rent or lease including: