Total occupancy cost for Grade A office space in Melbourne: $105.09 per sq ft per year. This figure covers rent, service charge, property tax (rates), fit-out amortised over the lease, facilities management, utilities and reinstatement costs.
Melbourne Office Cost Breakdown (USD/sqft/yr)
Rent: $36.54/sqft/yr
Service Charge: $14.3/sqft/yr
Property Tax / Business Rates: $0.0/sqft/yr
Fit-Out (amortised over lease): $37.29/sqft/yr
Facilities Management: $8.36/sqft/yr
Utilities: $3.32/sqft/yr
Reinstatement / Dilapidations: $5.07/sqft/yr
Total Occupancy Cost: $105.09/sqft/yr
Melbourne Serviced Office Costs
Serviced and flexible office space in Melbourne costs between $439.0 and $619.0 per person per month, with a mid-market rate of $565.0 per person per month.
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