Total occupancy cost for Grade A office space in Newcastle: $98.51 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.
Newcastle Office Cost Breakdown (USD/sqft/yr)
Rent: $27.53/sqft/yr
Service Charge: $9.72/sqft/yr
Property Tax / Business Rates: $8.26/sqft/yr
Fit-Out (amortised over lease): $28.4/sqft/yr
Facilities Management: $11.8/sqft/yr
Utilities: $6.0/sqft/yr
Reinstatement / Dilapidations: $5.59/sqft/yr
Total Occupancy Cost: $98.51/sqft/yr
Newcastle Serviced Office Costs
Serviced and flexible office space in Newcastle costs between $445.0 and $572.0 per person per month, with a mid-market rate of $533.0 per person per month.
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