Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

North Shore Office and Business Park Market Overview

Download the full report
On desktop to your local drive
On mobile, please download via your web browser

North Shore Office & Business Park Market Overview

Report Highlights:

  • Development activity remains substantially pre-commitment based with commercial construction relying on a major anchor for a project to get underway.
  • A significant increase in capital seeking metropolitan based assets whether small or large in value, and with an increased risk profile.
  • Vacancy has tumbled to 7.2%, the lowest in nearly 15 years. The anticipated upcoming period of lower vacancy is a precursor to notable rental growth.
  • A shortage of A Grade supply has emerged for the smaller tenancy sector (200-300sqm), and a shortage of warehousing in business parks in particular.
  • The $2 Billion Northern Beaches Hospital and associated road network is significantly progressed with residential and medical related construction anticipated to boom in the surround during 2017-2018.

Download the report >


John Sears

National Director, Research
Direct: +61 2 8243 9973
Mobile: +61 466 387 016

Mark Martin

Senior Director, Agency Services
Direct: +61 9229 6828
Mobile: +61 412 699 662