Monday 1 December 2008

Parramatta. Office rents up 8 per cent

The achievable rent for A-grade office space in Parramatta, in August 2008, was $280 per square metre per annum, representing an annual increase of eight per cent from the level recorded in August 2007, according to the Parramatta City Council BizFacts publication. Rents in other areas: Sydney CBD $500 (percentage change 11.00 per cent), Sydney CBD B-Grade $390 (22.0 per cent), North Sydney $405 (7 per cent), Chatswood $300 (0.0 per cent) St Leonards $340 (10,0 per cent), Macquarie Park $260 (8.0 per cent).

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