Inner-West Precinct

The Inner-West Precinct includes suburbs from Indooroopilly in Brisbane’s west to Kelvin Grove in Brisbane’s north. The precinct provides a dynamic blend of thriving commercial, industrial and retail spaces. This area continues to experience rapid growth as owner occupiers become aware of the benefits of starting up business in a prime location, only 3 to 10km from the CBD.

In the past year certain transactional trends have appeared throughout the Inner-West Corridor. Urban sprawl directly influenced by a continuing growth in population has seen more and more large companies trade their CBD image for the convenience and price of quality space in the Inner-West. Parking, price and locality to home have emerged as real points of difference that have directly influenced the activity in this precinct.

Quality office space in central suburbs like Milton, Paddington, Toowong and Spring Hill has attracted rental rates of $350/sqm - $475/sqm with significant demand for tenancies offering above average parking ratios.

Health and well-being related companies continue to be an active tenant in the market, ranging from gyms and personal training studios to physiotherapist and podiatry clinics. This trend has seen countless retail and office spaces throughout Inner-Western suburbs occupied on long term leases. This has also seen a lot of small vacant office/ warehouse tenancies throughout Milton and Kelvin Grove being leased for rates from $180/sqm - $280/sqm depending on the break up.

Paddington has continued its evolution as a dynamic business precinct with undeniable character thanks to the lifestyle it offers. Retail and office on the busy Latrobe and Given Terraces are extremely tightly held with buyers and tenants paying a premium price for the success that comes with this location. Prime retail along this strip has seen leases between $650/sqm - $780/sqm, such is the potential for success.

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Why Raine & Horne Commercial?

Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.

The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.

Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.