How much do commercial offices cost to lease in Melbourne?

Commercial office lease rates in Melbourne vary widely depending on grade and location. A-Grade CBD offices on Collins Street typically range from $500-$800 per sqm per annum (net), while B-Grade and fringe CBD locations can be significantly lower. Incentives of 30-40% are common in the current market.

What lease incentives are available for Melbourne commercial offices?

Melbourne commercial office landlords currently offer incentives of 30-40% on new leases, which can include rent-free periods, fit-out contributions, or a combination. Sidespace's free advisory service helps you understand and compare incentive packages across the market.

What sizes are available for commercial offices in Melbourne?

Commercial offices for lease in Melbourne range from small suites of 50 sqm to full floors of 2,500+ sqm. Options are available in A-Grade towers, B-Grade buildings, and heritage-converted spaces across the CBD, Docklands, Southbank, and inner suburbs.

Where are the best precincts for commercial offices in Melbourne?

Melbourne's key commercial office precincts are the CBD (Collins Street, Bourke Street), Southbank, Docklands, St Kilda Road, and inner suburbs like Richmond and South Melbourne. Collins Street remains the most prestigious address, while Docklands and Southbank offer modern, large-floorplate buildings at slightly lower rates.

How long is a typical commercial office lease in Melbourne?

Commercial office leases in Melbourne typically run for 3-5 years, with options for renewal. Shorter terms of 1-2 years are sometimes available in B-Grade buildings or fringe locations. Lease terms are negotiable, and Sidespace's free advisory service can help you secure the best conditions for your business.

What is the difference between A-Grade and B-Grade offices in Melbourne?

A-Grade offices in Melbourne are premium buildings with modern services, efficient floor plates, and prestige addresses — typically $500-$800/sqm/annum on Collins Street or Bourke Street. B-Grade offices are older but well-maintained buildings offering 20-40% savings, often with more character and smaller, flexible suites.

What types of businesses lease commercial offices in Melbourne?

Melbourne's commercial office market serves a wide range of tenants, from law firms and financial services on Collins Street to tech companies in Cremorne and Docklands. Professional services, government agencies, insurance companies, and corporate headquarters all contribute to strong demand across the CBD and fringe markets.

Is public transport good for commercial offices in Melbourne?

Melbourne has excellent public transport for office workers. The CBD is served by Flinders Street, Southern Cross, and Melbourne Central stations plus the free tram zone. Southbank and Docklands are accessible via tram and Southern Cross Station. The Metro Tunnel has added new stations, further improving CBD connectivity.

How does Sidespace help with commercial office leasing in Melbourne?

Sidespace is a free service for tenants looking to lease commercial offices in Melbourne. Our team compares options across all precincts and grades, helps you understand incentive packages, and connects you with landlords and agents. We cover both on-market listings and off-market opportunities across the city.

Is parking available with commercial offices in Melbourne?

Parking availability varies by precinct. Docklands and Southbank buildings typically include car spaces in the lease. CBD buildings have limited, expensive parking ($50-60+/day). Fringe locations like Richmond and South Melbourne offer better parking options. The number of car spaces is usually negotiable as part of the lease terms.

Commercial Offices For Lease in Melbourne

Melbourne's commercial office market offers A-Grade and premium towers across the CBD, Docklands and Southbank, with current incentives of 30-40% making it an excellent time to secure space. Sidespace's free advisory service helps you compare pricing, incentives and lease terms across the entire market.