Melbourne CBD office vacancy remains at national low: Property Council
Melbourne has recorded a CBD vacancy rate of 3.3 per cent - the lowest CBD vacancy rate in the nation, according to the Property Council of Australia Office Market Report released today.
Recent leasing activity in the Melbourne city of Stonnington suggests a shift in the region’s retail landscape, Gross Waddell Head of Leasing Tamara Gross says.
The Department of Transport’s move from landmark Fremantle building Marine House has created an opportunity for either a single tenant or a number of tenants to secure high profile, fully-refurbished office space in the heart of the port city.
