Cheaper com­mer­cial prop­erty

Pilbara News - - News - Ben Leahy

The Pil­bara De­vel­op­ment Com­mis­sion’s com­mer­cial prop­erty re­port showed av­er­age costs for leas­ing and sell­ing re­tail and of­fice spa­ces fell be­tween July last year and Jan­uary.

Av­er­age lease costs per square me­tre for re­tail prop­er­ties de­creased from $399 to $349, and from $382 to $332/sqm for of­fice prop­er­ties, the PDC said.

The sale av­er­age for re­tail prop­er­ties also dropped from $3681 to $3094/ sqm, and from $3884 to $3293/sqm for of­fice prop­er­ties.

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