Unlocking Melbourne's Business Potential: A Complete Guide to Serviced Offices

Serviced Offices in Melbourne: The Modern Solution for Businesses

A serviced office space is a flexible workspace solution that typically comes fully furnished and fully operational. This ready-to-use workspace solution is ideal for companies and professionals seeking immediate workspace for their professional needs.

With serviced offices, businesses no longer need to worry about managing the workspace. On-site staff are readily available to oversee the workspace, ensuring that it's always in good shape for you to use.

In Melbourne, serviced offices have been one of the top workspace solutions because of their incredible amenities, such as the following:
 

Please keep in mind that the amenities offered by serviced office spaces vary according to the provider. Additionally, it’s important to note that the more amenities included in an all-inclusive package, the higher the rental cost will be.

Why Are Serviced Offices A Better Option Than Traditional Offices?

The numerous benefits of serviced offices for businesses are what makes them better options than traditional spaces.

Unlike traditional leases, serviced offices in Melbourne help businesses eliminate the need for long-term lease agreements, typically lasting between three to five years. With the exceptional flexibility provided by serviced offices, companies can quickly secure a professional working environment with a tenancy duration that suits their needs.

This unparalleled flexibility allows individuals to adapt their workspace to their changing needs. They can upgrade or downsize their workspace effortlessly, often limited in traditional office leases.

Moreover, serviced offices eliminate the time-consuming and costly process of building your workspace from scratch. As mentioned, serviced offices typically come fully furnished, allowing you to move in easily when needed.

This is in stark contrast to traditional offices, where you are responsible for everything from construction to the finishing touches. Not only is this process very time-consuming, but it is also significantly more expensive, as you have to cover materials and labour costs.

Furthermore, serviced offices are typically located in bustling business districts in Melbourne that are highly accessible to everyone. This is a much better option than traditional offices, typically situated in remote and inaccessible areas.

Why is Melbourne's Market Shifting Toward Serviced Offices?

The growing demand for serviced offices has been the key factor driving recent changes in Melbourne's office space market. Flexibility has become increasingly vital for many businesses in this post-pandemic world, and serviced offices easily provide that for them.

Serviced offices in Melbourne can help businesses achieve the adaptability they need to navigate the future of work efficiently without overspending. Additionally, they offer game-changing benefits such as top-notch amenities, prime locations, and networking opportunities that are often unavailable through traditional office leases.

According to a report by The New Daily, Melbourne (along with Sydney) is at the forefront of growth in Australia's serviced offices and co-working space market.

In fact, Melbourne represented 38% of the nation's serviced offices based on data from the first quarter of 2022. Thanks to numerous tech startups, creative industries, and global firms that fuel the growth of serviced offices in Melbourne.

Furthermore, the growth of Australia's serviced office market is supported by research from IBISWorld, which indicates that it is projected to expand over the next five years (2024-2029). This growth is driven by several companies and providers, including WeWork Australia, Regus Australia, and Servcorp.

Is Melbourne the Perfect Place for Your Business?

Melbourne, the largest city in Australia, is a fantastic place to start or grow your business. Launching your business ventures in this dynamic landscape offers incredible advantages that can significantly fuel your business growth.

Let’s take a look at them below!
 

• Robust Economic System: In 2023-24, Melbourne was recognised as Australia’s fastest-growing city. In fact, experts predict that the city’s Gross Local Product will reach $150 billion by 2031. Therefore, starting a business in Melbourne could lead to a prosperous journey for your venture.

 

• Start-up Friendly Ecosystem: Melbourne has consistently shown strong performance in the Global Startup Ecosystem, as reported by Startup Genome. In 2022, the city recorded a remarkable 126% increase in early-stage startup value, reaching AUD 23.6 billion, thereby surpassing Hong Kong, Kuala Lumpur, and Dublin.

 

• Government Support: The Victorian Government offers grants and incentives to businesses. For example, in its 2024-25 state budget, they have allocated approximately $40 million to LaunchVic over four years. This funding is particularly beneficial for startups on a tight budget looking to establish themselves in Melbourne.

 

• Fresh Talent: The University of Melbourne is the highest-ranked university in Australia and 37th worldwide based on Times Higher Education World University Rankings 2024. This means that hiring fresh talent for your company will be effortless if you choose Melbourne for your business.

 

• Excellent Connectivity: Melbourne's proximity to the Asian market facilitates international trade, allowing companies to expand their market reach more easily. Travelling both locally and internationally is made easier by its excellent transportation system.

 

• Great Quality of Living: The Global Liveability Index ranks Melbourne as the most livable city in Australia and third in the world. Establishing your business in this city can help you maintain the perfect balance between work and life.

These are some of the many reasons why Melbourne is a great place for starting or growing a business. So, what are you waiting for? Get your serviced office today and join Melbourne’s thriving business landscape!

Where To Find the Best Serviced Offices in Melbourne?

Melbourne CBD, Southbank, and Docklands are some of the best locations to find top-rated serviced offices. The workspace options in these areas are sure to impress and leave a lasting impression on your guests during their visit.

Let’s explore these areas below and discover the reasons for choosing them as your office location.

Melbourne CBD (Central Business District)

Melbourne CBD is considered to be the city’s business and financial centre. Choosing a serviced office in Melbourne CBD allows you to work alongside top companies like Google, Dataminr, Ernst & Young, GoCardless, Deloitte, Australian Super, and SMSF Compliance.

This area also makes it easy for companies to tap globally competitive fresh talents from prestigious academic institutions, such as the University of Melbourne and the Melbourne Institute of Technology. Adding these individuals to your team can definitely help your company generate innovative ideas.

Furthermore, Melbourne CBD offers excellent connectivity to key transport infrastructure, including the country’s largest capital city cargo port. Royal Botanic Gardens, Queen Victoria Gardens and Alexandra Gardens are also nearby if you need to relax and unwind.

Docklands

Docklands is a premier financial and professional services hub just a kilometre away from the Melbourne CBD. Some top-performing companies you may get to work with in this area include ANZ Bank, National Australia Bank, Arup, Maddocks Lawyers, and Medibank.

This business precinct also demonstrates a strong commitment to Ecologically Sustainable Development (ESD) principles. With this in mind, it is no surprise that Docklands has the largest concentration of green buildings in the country.

Furthermore, opting for a serviced office in Docklands gives you access to numerous sports, media, and entertainment options, including the Australian Football League, Docklands Studios Melbourne, and Docklands Stadium.

Southbank

Southbank is an emerging business hub in Melbourne. It is home to nearly 900 businesses that generate over 45,000 jobs. Notable establishments in the area include NGV International, the Arts Centre, Hamer Hall, and the Melbourne Theatre Company.

Southbank is also a vibrant neighbourhood that features a great lifestyle and connectivity. It is home to several world-class dining and entertainment options, such as Southbank Promenade, Ocean 12 Entertainment, Royal Stacks, Eureka 89, and Delhi Rocks.

Choosing serviced offices in Southbank also makes it easy to access cleaner and greener spaces, such as the Dodds Street Linear Park. These areas offer a pleasant place to rejuvenate and relax with your colleagues or loved ones.

Footscray and Box Hill

When searching for the coolest serviced offices in Melbourne, Footscray and Box Hill are some of the emerging business hubs to consider. Box Hill, the future-ready city, is home to the largest commercial business hubs and transport interchanges outside the Melbourne CBD.

Box Hill is home to some of the best academic institutions, including the Box Hill Institute and Deakin University. The healthcare services in the area are also outstanding, thanks to major hospitals such as Box Hill Hospital, Epworth Eastern, and Mitcham Private Hospital.

On the other hand, Footscray is one of the emerging areas in which to find your next workspace. Choosing a serviced office in this vibrant business precinct allows you to enjoy a variety of post-work activities, including Spacecraft, Bar Josephine, the Maribyrnong River, Brimbank Park, and 8bit.

More Locations to Explore

Other than these aforementioned business-centric areas, here are more locations where you can find high-quality and cost-effective serviced offices in Melbourne:
 

• South Melbourne: South Melbourne, located just a 12-minute walk from the Melbourne CBD, is an ideal location for serviced offices that provide an urban yet relaxed atmosphere. This charming area also boasts various post-work activities, including Escape Room Melbourne and Skinner's Adventure Playground.

 

• Fitzroy: Fitzroy is the perfect location if you’re looking for serviced offices with trendy urban vibes. This highly accessible area is also a fantastic place that offers a community rich in lively arts, music, and culture.

 

• Collingwood: Collingwood features serviced offices that are typically located in historically old buildings. These buildings were commonly once cottages or warehouses for workers.

 

• East Melbourne: Choosing office space in East Melbourne offers easy access to the Melbourne CBD. It also provides great access to necessary government and health institutions, such as the Melbourne Commonwealth Parliament Offices and St. Vincent’s Hospital.

 

• St Kilda: Situated just 7 kilometres from the Melbourne CBD, St Kilda is the perfect suburb for those seeking serviced offices surrounded by lush palm trees. It also provides excellent access to St Kilda Beach, a wonderful destination to unwind after work.

 

• Richmond: Richmond is conveniently located just a 3-kilometer walk from Melbourne's CBD. Choosing a serviced office in this area also provides easy access to Victoria Street and Little Saigon, which are home to numerous Asian grocery stores and eateries.

What Types of Serviced Offices Can I Rent in Melbourne?

Serviced offices come in various types: private, coworking, enterprise, virtual, and shared spaces. Each type offers distinct advantages that can benefit your business. Read on to learn more about these different types of office spaces.

Private Offices for Better Concentration

Most serviced offices in Melbourne come as private workspaces. This type of office space is characterised by its secluded nature, which promotes a serene and noise-free working environment. Such an office layout effectively enhances focus and concentration, leading to enhanced productivity.

The amenities in a private office space are usually exclusive to the designated tenants. This means tenants won’t have to worry about monopolising workspace resources. Additionally, there is typically an opportunity to customise your workspace, allowing you to cultivate your brand within your workspace.

Coworking Spaces for Fun Collaboration

Coworking office spaces are the complete opposite of private workspaces. This workspace solution is known for its open office layouts, which facilitate more accessible communication and collaboration among colleagues. Startups, freelancers, and solopreneurs are the usual tenants you can find in a coworking space.

When renting a coworking space, two types of desk options are available: hot desks and dedicated desks. A hot desk is a temporary workstation that tenants can rent for a short period, while a dedicated desk offers more exclusivity and control over the workspace.

Enterprise Suites for Expanding Business

Enterprise office space is a solution for companies seeking expansion or for large corporations looking to establish satellite branches. Most enterprise serviced offices in Melbourne are fully furnished, but customisation is still available for companies seeking to enhance their office branding.

On-site staff are usually included with an enterprise suite package. These individuals assist companies in managing the workspace, streamlining administrative tasks, and maintaining a clean and professional environment. Similar to private offices, amenities are generally exclusive to the tenants of an enterprise suite.

Virtual Offices for Prestigious Addresses

Virtual offices in Melbourne offer remote businesses and freelancers prestigious addresses that can enhance their legitimacy and professionalism. Ultimately, this will improve their overall image and help position them among the top options in their respective industries.

A virtual office offers more than just a business address and phone number. Renting a virtual office provides access to various on-site amenities that can be useful during power outages or other issues. These amenities include meeting rooms, internet access, and collaborative workspaces.

Shared Offices for Rental Cost Reduction

Shared offices are an effective solution for businesses looking to establish a professional presence in Melbourne while operating on a limited budget. This workspace option involves sharing office space and amenities with other companies, helping you reduce rental costs.

Shared offices often offer short-term lease agreements, which are perfect for project-based companies or businesses needing temporary workspaces. These office spaces are generally located in vibrant districts, providing numerous growth opportunities for businesses.

Which is the Best Office Type for My Business?

Choosing the right type of office space for your business depends on your needs and goals. This is why it is important to determine your requirements and conduct research before searching for a workspace for your business.

If you find this task a daunting experience, Office Hub is here to lend a helping hand!

What are the Benefits of Choosing Serviced Offices in Melbourne?

Opting for a serviced office for your business allows you to enjoy unparalleled flexibility, top-notch amenities, and a plethora of growth opportunities. With these ultimate benefits, it's no longer surprising why this is the #1 workspace solution for many businesses in Melbourne.

Let’s explore below some of the notable benefits you can expect from renting a serviced office space for your business.

Fully Furnished and Operational

Serviced offices in Melbourne typically come as ready-to-use workspace solutions. From the layout to the complimentary amenities – everything is already done to help you save time, effort,  and money.

But what's more interesting about serviced offices is the on-site staff that oversee the entire workplace. They take responsibility for handling the daily cleaning, maintenance, and repairs involving your workspace so you can focus on more important tasks.

Tech-ready Facilities

The connectivity and tech infrastructure in Melbourne offices are excellent, and these are among the many factors that make it a preferred option over other solutions. These amenities greatly help businesses to level up their operations and seamlessly navigate the future of work.

Below are a few examples of the common smart features you can see in a serviced office in Melbourne.
 

• Internet of Things (IoT): This refers to a network of interrelated devices that connect and exchange data with other devices or systems for seamless workspace operations. Ultimately, this improved process would result in better work comfort and productivity.

 

• Smart Conference Rooms: These are meeting rooms powered by advanced technology, such as video monitoring and interactive whiteboards. You can use this facility for private conversations, training sessions, seminars, and other business gatherings.

 

• Smart Lighting System: This system ensures that the lights within the office are at the right level, promoting an optimal working experience for all employees. Having the proper lighting is also essential for elevating the mood of employees.

 

• Intelligent HVAC System: This refers to the automatic control of the heating, ventilation, and air conditioning (HVAC) within the workplace. Integrating this smart feature is effective in promoting maximum comfort and decreasing the emission of carbon footprints.

 

• Smart Desks: Using height-adjustable desks is the ultimate solution for preventing a sedentary lifestyle. This is also beneficial in preventing back pain, which often occurs from long hours of sitting.

Ergonomic Office Furniture

According to a study by the Washington State Department of Labor and Industries, ergonomics is an effective way to help employees maintain good posture, reduce the risk of musculoskeletal disorders, and other workspace-related injuries. This will ultimately lead to better productivity rates and a safer culture for all occupants.

They also found that integrating ergonomics in the workplace can greatly help save money. This is due to the fact that they are high-quality materials that last for a long time. Plus, they help to reduce absenteeism, which is a financial burden to some companies.

IT and Administrative Support

Renting a serviced office comes with complimentary IT support. They are responsible for diagnosing software, fixing hardware, and addressing any technical problems that might cause interruptions in your business operations. In short, they are the ones who ensure that you’re digitally connected 24/7.

On the other hand, the admin support helps you to eliminate manual tasks so you can focus on your priorities. They typically answer calls and emails, distribute mail, set appointments, and manage schedules.

The admin support team also helps with reception tasks, such as welcoming clients or investors. They are well-trained to provide the best hospitality support required to leave a positive impression on your guests during office visits.

Round-the-clock Access and Security

Most serviced offices in Melbourne operate 24/7. This all-day workspace access allows companies to replace the usual 9-to-5 work routines with more flexible work schedules.

These flexitime schedules are proven effective in boosting employees' creativity, productivity, and engagement, especially for working parents. Additionally, these 24/7 serviced offices in Melbourne are perfect hubs for companies operating in different time zones.

Furthermore, most serviced offices around the city are fully secured to ensure the safety and security of tenants from day to night. Some of the must-have features in a workplace include security guards, fire exits and extinguishers, CCTV cameras, and an advanced entrance/exit system.

Flexible Office Formats and Rents

Serviced offices are typically designed to be adaptable to the ever-changing demands of the ever-evolving world. So, if you need to upgrade or downsize your workspace, there's nothing to worry about if you opt for a serviced office space.

This flexibility is also great to help businesses prevent the financial burden of long lease terms. Companies are only charged for the agreed-upon tenancy period. With this, they can save money and have more control over their finances.

Furthermore, some serviced office providers offer limited-time discounts and promos to help tenants reduce their overall rental costs. For instance, they can get an additional three months of “free” workspace access upon leasing a 12-month rental plan.

Smart and Accessible Locations

Providers usually position their serviced offices within Melbourne's most active business spots. This helps businesses to obtain a prestigious address that they can use to boost their credibility and reliability in their respective markets.

Being in a prestigious business hub can also significantly set you apart from your competitors. Apart from that, these locations are also typically conveniently located near public transport links, which makes daily commutes less stressful for employees.

Networking and Collaboration Opportunities

Serviced offices are usually where like-minded professionals in Melbourne thrive. This means that renting one for your business can be an instant pass towards being part of such a lively and diverse community of professionals in Melbourne.

Establishing a healthy relationship with these individuals can be the stepping stone towards fruitful networking and collaboration opportunities. Take advantage of these opportunities to widen your market visibility and boost your customer base.

These are some of the notable benefits you can experience when renting a serviced office space for your business in Melbourne. But that's not all! Here are more unique perks that you can unlock upon leasing a serviced office in Melbourne:
 

• Customisation Options: Serviced offices typically come fully furnished, but some providers still offer customisation options for companies that want to tailor their workspace to their branding goals. Take advantage of this customisation feature to design a workspace that meets the needs of your business and employees.

 

• Pet-friendly Policies: Many serviced office providers allow their occupants to bring their fur babies into the office. Opting for a pet-friendly serviced office in Melbourne can significantly boost employees' productivity, morale, and engagement.

 

• Wellness Zones: Numerous serviced office providers in Melbourne offer complimentary access to wellness facilities, such as a gym, pool, yoga area, and gaming zones. Leverage these facilities to strike a perfect balance between work and life.

 

• Childcare Support: Some providers offer on-site childcare support (if not, then nearby) to help working parents effectively juggle their professional and personal responsibilities. A serviced office near childcare facilities in Melbourne is also beneficial for solo working parents who need an extra hand to take care of their young ones while working.

 

• Complimentary Foods & Drinks: Several serviced office providers offer fully stocked kitchens with complimentary foods and drinks (e.g., tea, coffee, and juice). Take advantage of these foods and refreshments to keep your team energised throughout the day.

 

• Discounts on Nearby Amenities: In some cases, renting a serviced office in Melbourne helps to unlock exclusive discounts on some nearby cafes, restaurants, and even gym facilities. These exclusive, limited-time discounts can help your team to enjoy nearby amenities without breaking the bank.

Who Benefits Most from Melbourne’s Serviced Offices?

Serviced offices provide a variety of entrepreneurial opportunities in Melbourne. This is why serviced offices are the most sought-after workspace option for companies and professionals seeking business growth. But who benefits from these remarkable serviced offices?

Let’s check out below!

1. Solopreneurs, Freelancers, and Innovators

Solo workers often find comfort in working from their homes, cafes, or public libraries. However, there are times when solopreneurs, freelancers, and innovators require a more professional working environment. This is where serviced offices come into play.

Serviced offices provide these professionals with a temporary workspace equipped with modern amenities to enhance their operations. They can choose to rent a dedicated desk or a hot desk, or opt for a pay-as-you-go arrangement.

2. Startups

Serviced offices provide the agility that startups need to adapt quickly to the ever-changing demands of the business world. This flexibility also helps startups avoid the high upfront costs often associated with traditional office leases.

Additionally, startups no longer need to purchase their own furniture or equipment, nor do they have to rent meeting rooms elsewhere. With cheap serviced offices in Melbourne, all the essential resources for daily operations are available at all-inclusive and affordable rates.

3. SMEs (Small, Medium-sized, and Enterprises)

As mentioned earlier, serviced offices are already fully furnished from the design, layout, and facilities. This allows SMEs to simplify their workspace setup and focus on business operations.

Furthermore, serviced offices offer SMEs the chance to join a vibrant community of professionals. Utilise this community to access networking and partnership opportunities that can significantly aid your business growth and development.

4. Remote Workers

As we all know, virtual offices offer remote workers a prestigious address that enhances their business image. But apart from that, renting serviced virtual offices provides complimentary access to on-site facilities, including meeting rooms and internet.

When a client requests a face-to-face meeting, you no longer have to worry about where to book a meeting room. You can simply use the complimentary meeting room for these in-person gatherings.

Additionally, if there's a power outage at home and you need a professional working environment, you can utilise these facilities to continue your work.

5. International Firms and Project-based Businesses

Serviced offices in Melbourne can also serve as temporary workspaces for project-based businesses. This allows businesses to enjoy a fully furnished workspace solution without the need to sign up for mandatory long-term lease agreements.

Serviced offices can also function as temporary workspaces for international firms visiting Melbourne. For those looking to expand their operations, these serviced workspaces provide an immediate solution for establishing satellite offices without having to start from scratch.

How Much is the Rental Cost for Melbourne’s Serviced Offices?

Office Hub's live data indicates that the monthly rent for a serviced office desk in Melbourne is approximately A$680. Renting a desk for a week costs around A$160, while the daily rate is A$25.

Choosing serviced offices in Melbourne is a smart investment for your business due to their prime locations, unmatched flexibility, modern amenities, and great affordability. It's no surprise that many local and international companies are actively seeking serviced offices throughout the city.

To provide a glimpse of the cost-effectiveness of serviced offices in Melbourne, we have prepared a pricing guide based on Office Hub’s live listing data. Our data shows the average weekly, monthly, and daily costs for different types of serviced desks.

Check them out below!
 

Disclaimer: These prices are based on the live data available as of November 4, 2024. Please visit our website to check the updated pricing of these office spaces in Melbourne.

Now, if you're curious about the rental costs for serviced offices in Melbourne's vibrant business landscapes, we've prepared a curated list for you. Below, we have highlighted the monthly average prices per desk for coworking, private, and virtual offices at ten great locations where you can find a serviced workspace
 

(The above-mentioned table shows average rental fees per desk across 10 locations only in Melbourne as of November, 2024.)

Surprisingly, Melbourne's CBD is not the area with the highest rent for coworking offices. According to our data, South Melbourne has the most expensive coworking office rents, followed by Southbank, Box Hill, East Melbourne, Collingwood, and Fitzroy.

However, when it comes to private offices, Melbourne CBD has the highest rental rates, alongside Southbank and Footscray. On the other hand, Footscray offers the highest virtual office rental fees, likely due to the limited supply of such workspaces in the area.

St Kilda generally offers the lowest office rents in Melbourne. In contrast, areas such as Melbourne CBD, South Melbourne, Southbank, East Melbourne, and Collingwood tend to have some of the highest office rents.

Are Melbourne’s office spaces more affordable than those in other Australian cities?

Surprisingly, Statista has reported that the average desk price for a coworking space in Melbourne is generally cheaper than in Sydney, Brisbane, and Perth. This contradicts the expectation that offices in Melbourne would be more expensive, as it is one of the key business hubs in Australia, alongside Sydney.

Here is a comprehensive overview of how cost-effective serviced offices in Melbourne compared to other cities in Australia.

 

Our data indicates that Sydney continues to be the city with the highest average rent per desk for coworking spaces and private offices. Compared to Melbourne, the price for a private desk in Sydney is AUD 280 higher, while the cost for a coworking desk is AUD 60 more.

Contrary to Statista's findings, Office Hub's live data shows that coworking and private desk prices in Melbourne are slightly higher than those in Brisbane and Perth. One of the main factors contributing to these price differences is the number of available office listings in each city.

Meanwhile, Canberra and Adelaide continue to be the two major cities in Australia with the lowest rental fees for both coworking and private desks. This aligns with findings from Statista, which indicate that these cities have the lowest prices for coworking desks in 2023.

What are the factors that affect the rental cost of serviced offices in Melbourne?

Location, amenities, workspace type, tenancy plans, and economic changes are the five key factors that influence the rental cost of serviced offices. Let’s explore these factors in detail below.

1. Location

Office rents in Melbourne’s CBD are generally higher than in the suburbs. This is due to the high demand among businesses for CBD locations, which offer prestige and a competitive edge.

So, when choosing a location for your business, consider two factors: advantages and budget. Fortunately, selecting boutique office spaces in Melbourne can help you achieve both.

2. Workspace Type

Private offices and enterprise suites are more expensive types of serviced workspaces because they provide exclusivity for businesses. In contrast, coworking spaces and shared offices are more affordable, as the amenities are usually shared among users.

Furthermore, virtual offices provide the most affordable rental options since you are essentially renting only the address and not the actual workspace. Regardless of the type of serviced office space you select, ensure that it aligns perfectly with your business requirements.

3. Amenities

The amenities included in a service office rental package have a significant impact on the rental fees. Generally, the more amenities offered, the higher the rental costs will be.

Thus, it is essential to evaluate the amenities to ensure they contribute positively to your daily business operations. This way, you can avoid paying for features that do not enhance your operations or that you may not fully utilise.

4. Tenancy Plan

As your tenancy in a workspace extends, rental costs tend to increase. Fortunately, serviced offices in Melbourne provide flexible lease terms, enabling businesses to rent a professional workspace only for the specific duration they require.

Additionally, some serviced office providers offer limited-time discounts and promotions, giving companies the chance to lower their rental expenses. Take advantage of these hot offers to access a professional workspace without straining your budget.

5. Economic Impacts

Melbourne's economic performance significantly affects the rental fees for serviced offices. When inflation rises quickly, it is likely that rental fees will also increase. Additionally, the supply and demand for serviced offices play a crucial role in determining these price changes.

In simple terms, when the supply is high and demand is low, rental fees tend to be more affordable. Conversely, if the supply is low and demand is high, we can expect rental fees to rise accordingly.

Here are the factors that influence the rental cost of serviced offices in Sydney. For more information, please do not hesitate to drop us a message. Our flexperts would love to assist you!

How to Choose the Right Serviced Office in Melbourne?

Choosing a serviced office for your business can be daunting, particularly if it’s your first time renting a workspace. Office Hub fully understands these challenges, so we have created a brief step-by-step guide to help you find the most flexible workplaces in Melbourne.

Explore below to learn more!

Layout Your Needs and Goals

The first step in renting office space is to determine your specific requirements. These include the type of serviced office needed, the number of desks required, the necessary equipment and furniture, the tenancy period, office location, and future plans.

When renting space for your business, you must only lease what you need to prevent unnecessary costs. If you're uncertain about the size of your workspace, an office space calculator can provide precise measurements. Outlining your specific requirements can give you a clear direction, saving you time, money, and effort.

Choose the Right Location

Melbourne is indeed an excellent place to start a business, but where exactly should you establish your presence? A safe choice would be to consider renting space in the Melbourne CBD. This area is highly accessible and competitive, providing significant advantages for your business.

Docklands, South Melbourne, and St Kilda Road are also excellent locations not just for starting a business but for finding top-rated serviced offices in Melbourne, too. To help you further, here are some location analysis tips from Upmetrics to assist you in your venture:
 

Budget and Flexibility

Checking your budget is another crucial step when exploring Melbourne’s office spaces. Make sure that you are financially capable of covering the office rent, utility costs, and other additional expenses. It's also important to consider future costs, such as those related to expansion.

This is where flexible lease terms come into play. With flexible leases, businesses can enjoy a professional workspace at their desired tenancy plan. There are no long-term bonds that hinder them from scaling up or down workspace needs as your business grows.

Assess the Facilities and Services Offered

Renting a serviced office comes with access to specific amenities and services. These include the following:
 

Some serviced office providers offer unique membership perks. These include childcare support, wellness zones (e.g., on-site gym, pool, and gaming area), and pet-friendly policies.

Evaluating the quality and efficacy of these amenities is necessary to ensure they can benefit your day-to-day operations. Moreover, you can ensure that you’re paying the right price and prevent hidden costs in the process.

Security is Paramount

The security of your team must be your top priority. This is why it is necessary to ensure that the building where your workplace is located must have robust security measures, such as 24/7 guards, CCTV cameras, and card-powered entrance/exit.

Security measures during an unexpected disaster (e.g. fire exits and open areas) must also be accessible within the building. This helps to minimise the impact of disasters, promoting a very low casualty rate.

Community & Networking

As mentioned, choose a location within a vibrant business district. This also applies to the community within the building. Make sure that the community is active, supportive, and, most of all, legitimate.

Being part of a bustling community of diverse and like-minded professionals is essential for your business growth. These people can be great sources for collaboration, networking, and new learning opportunities.

Visit the Office

If you're okay with everything, then it's time for a physical visit to the office. Making an in-person visit can help in ensuring the accessibility of the serviced office space from the public transport links.

It can also help you to get a firsthand experience of the workspace features, ensuring a review that’s solely based on your judgment. Additionally, following these steps can help you make an informed decision and save you from any financial struggles as well.

If you still find the process a little daunting, our team is here to do the legwork for you! We ensure that you can have your dream workspace with less complex lease terms! Message us today to get started.

Who are Melbourne’s Leading Serviced Office Providers?

There’s no denying that Melbourne is toe-to-toe with Sydney when it comes to offering high-quality serviced offices for businesses of all sizes. However, with the wide array of flexible workplaces in Melbourne, finding the right one can be a daunting experience.

Office Hub fully understands these challenges, so we have harnessed the power of technology to make the workspace hunt easier and faster. Below, we have highlighted some of the top providers you may consider for your workspace needs. Dig in below and discover what services do Melbourne CBD office providers offer to your business.

Regus (Australia)

Hailed as the world’s largest serviced office provider, Regus (Australia) is the ultimate destination for businesses seeking networking opportunities. By renting at Regus, you can become part of their extensive business communities thriving in around 3500 business centres across 900 cities worldwide.

There are different office formats that you can choose from at Regus. Whether you’re a freelancer, startup, SME, remote/hybrid business, or even a large corporation, Regus has everything you need for your business!

Its turnkey offices in Melbourne feature modern design, high-speed internet, premium furniture, and more top-notch amenities designed to boost your business operations. Well-trained staff are also available to assist with IT, administrative, and maintenance needs.

Regus’ serviced offices for rent in Australia are also highly scalable, enabling businesses to easily adjust their workspaces according to their needs. Additionally, Regus understands the importance of location for businesses, which is why its offices are strategically positioned in highly accessible and competitive areas.

Top Regus Locations to Explore in Melbourne

• 90 Collins Street, Melbourne VIC
• 525 Collins Street, Melbourne VIC
• Collins Street, Docklands VIC
• 691 Collins Street, Docklands VIC
• 85 Spring Street, Melbourne VIC
• 71 Gipps Street, Collingwood VIC

Come to our website today to discover more of Regus’ office spaces in Melbourne!

Servcorp (Australia)

Servcorp (Australia) is widely known for providing the finest serviced offices in Melbourne. Its office spaces are situated in premier buildings that create a positive first impression on your guests. These modern facilities are usually located in vibrant business districts, providing professionals with valuable networking opportunities.

The office spaces are beautifully designed, striking a perfect balance between aesthetics, comfort, and functionality. Notable features include meeting rooms for private business discussions, collaborative areas for quick brainstorming sessions, and high-speed internet to enhance productivity levels.

Streamlining your operations is easy with Servcorp’s administrative support. Their serviced offices in Melbourne are staffed with talented individuals who assist in various administrative functions, such as mail and call management. Additionally, an IT support team is available to assist with your technical needs at any time.

Besides serviced offices, Servcorp offers coworking spaces ideal for startups, innovators, and small businesses seeking a collaborative working environment. They also offer virtual offices to help remote businesses secure a professional address that can enhance their overall image.

Top Servcorp Locations to Explore in Melbourne

• 101 Collins Street, Melbourne VIC
• 140 William Street, Melbourne VIC
• 263 William Street, Melbourne VIC
• 1 Southbank Boulevard, Southbank VIC

Still looking for more cool office spaces? Hop into our website now to unlock more of Servcorp’s offices in Melbourne!

Compass Offices (Australia)

Since 2009, Compass Offices (Australia) has been providing exceptional workspace solutions to meet the needs of professionals in Melbourne. The office spaces are affordable, allowing tenants to establish a strong professional presence in the city without breaking the bank.

Its Melbourne office spaces provide everything necessary for seamless operations. Enjoy ultra-fast internet connections to complete tasks on time, audio and video conferencing equipment for efficient remote communications, and light-filled lounges for casual meetings.

Compass Offices also uses ergonomic furniture to ensure maximum comfort for your team. This ergonomic approach effectively promotes good posture, minimises workplace-related injuries, and helps prevent musculoskeletal disorders. They also regularly clean their workspaces to help you maintain a professional-looking environment.

Furthermore, its serviced office spaces are among the most sought-after options for freelancers and innovators looking for entrepreneurial opportunities in Melbourne. This is largely due to the vibrant business communities that tenants engage with, providing valuable networking and collaboration opportunities.

Top Compass Offices Locations to Explore in Melbourne

• 360 Collins Street, Melbourne VIC
• 459 Collins Street, Melbourne VIC
• 570 Bourke Street, Melbourne VIC

Want to find more affordable options? Visit our page now and discover more of Compass’ offices in Melbourne!

Spaces (Australia)

Founded in 2008, Spaces (Australia) has become a hub for open-minded and innovative thinkers seeking flexible office spaces within vibrant communities. At Spaces, you can choose from a variety of private suites, creative coworking spaces, and meeting rooms in over 384 locations worldwide.

Hot desking is also available for freelancers, solopreneurs, and remote workers who need a professional working environment for a few hours or days. No matter which workspace solution you choose, Spaces guarantees complimentary access to a wide range of game-changing features.

Opting for its turnkey offices in Melbourne also allows you to enjoy a range of business events that you can leverage to expand your market reach. There are also social events such as Taco Tuesday, Friday afternoon drinks, and yoga classes to make your stay at Spaces a worthwhile experience.

Their serviced offices are available with flexible terms, allowing easy adjustments as your business evolves. Customisation options are also offered for companies that wish to design their workspace according to their brand identity.

Top Spaces Locations to Explore in Melbourne

• Church Street, Richmond VIC
• 691 Collins Street, Docklands VIC 
• 525 Collins Street, Melbourne VIC
• 71 Gipps Street, Collingwood VIC

Check out more Spaces’ offices in Melbourne by exploring Office Hub today!

Workspace365 Melbourne

Workspace365 Melbourne is one of the best choices for serviced offices near transport links. Its excellent transport accessibility helps reduce stress, increase productivity, and boost overall job satisfaction. The chosen locations also offer a wide range of dining options, ensuring that you won’t have to eat repeated meals.

Its serviced offices in Melbourne typically operate 24/7. This offers the opportunity to break free from the traditional 9-to-5 work setup and embrace more flexible working arrangements. Additionally, these office spaces feature a robust security system to keep your teams and belongings safe around the clock.

Renting a serviced office at Workspace365 Melbourne gives you access to high-quality meeting rooms for private business discussions, training sessions, workshops, and other events. Additionally, there are spacious breakout areas where your team can relax and unwind.

Another staple feature of Workspace365’s corporate offices in Melbourne is the complimentary administrative support services, including call answering, mail handling, and guest management. These services enhance administrative efficiency and allow you to concentrate on your business priorities.

Top Workspace365 Locations to Explore in Melbourne

• 607 Bourke Street, Melbourne VIC
• 333 Collins Street, Melbourne VIC
• 330 Collins Street, Melbourne VIC
• 72 York Street, South Melbourne
• 60 Moorabool Street, Geelong VIC
• 90 Maribyrnong Street, Footscray VIC

Browse our website today to unlock more of Workspace365’s office spaces in Melbourne!

These are some of Melbourne's top serviced office providers that you may consider during your workspace hunt. Their serviced offices guarantee a professional working environment enriched with the amenities you need to navigate the ever-changing business landscape.

Come to our website today to explore more serviced office providers in Melbourne.

JustCo (Australia)

From Asia to Australia, JustCo (Australia) is a flexible workspace provider known for its bright and colorful fit-outs. The workplace design consistently meets high standards, ensuring that it exceeds clients' expectations during their office visits.

However, JustCo is not just about aesthetic appeal; its centers are also rich in cutting-edge amenities designed to revolutionise your work experience. These include high-speed internet for meeting tight deadlines, meeting rooms for hosting business events, and administrative support for streamlining your daily workflows.

If you need a break from your computer, breakout zones and quiet pods are just around the corner. Several cafes, such as Starbucks, King Tea, and Cafenatics, are also within walking distance from its highly accessible serviced offices in Melbourne.

Community building is at the heart of JustCo. JustCo’s offices bring together professionals who could become your future mentors, network, or partners. With all of these offerings, JustCo has successfully embodied its motto: “Let’s Make Work Better.”

Top JustCo Locations to Explore in Melbourne

• 15 William Street, Melbourne
• 276 Flinders Street, Melbourne
• 447 Collins Street, Melbourne
• 287 Lonsdale Street, Melbourne

Explore JustCo’s office spaces for rent in Melbourne by visiting our website today!

Why Choose Office Hub?

Office Hub is a leading global provider of flexible office space solutions worldwide. We have been a trusted partner for many businesses in finding the right workspace solution for their unique needs, quickly and hassle-free!

For over ten years, we have successfully helped more than 200,000 clients find the perfect office space to meet their unique requirements. We are proud to share that we have received a 4.9-star rating based on around 400 reviews on Google.

Let’s take a trip down memory lane and explore some remarkable testimonials from our valued clients and partners below.

Rebbeck

“Andrew from Office Hub was so helpful, attentive and efficient with our search for a new office space. He helped with different options and services that were tailored to our needs and we were able to find what we were looking for. I highly recommend his and Office Hub's services if you're looking for a new space to rent/hire!”

Fadi Tarazi

“Daniel was an absolute lifesaver! I needed to find office space quickly, and he went above and beyond to make it happen. His efficiency, professionalism, and attention to detail were outstanding. He listened to my needs, found the perfect space, and made the entire process stress-free. If you're looking for someone who can deliver results fast, Daniel is the one to call. Highly recommend!"

Amina Ali

“If you're a small business seeking office spaces and have got lost and frustrated trying to find something suitable for you and your business, I would highly recommend Office Hub! A lovely team dedicated to assisting businesses [to] find a working space that is suitable for them. I found a great place that I am very pleased with thanks to Office Hub! I will definitely be referring them to other businesses.”

Carl O'Sullivan, YourDesk

“Your Desk has been working with Office Hub from the beginning and we really value our partnership together. The Office Hub team understands the amazing benefits that coworking has to small businesses who value flexibility and designer workspaces, and their savvy sales team help guide smart owners through all the options so they can find the right office to call home.”

Naomi Tosic, The Office Space

“Office Hub and The Office Space are a natural pairing. We have wonderful space and they have an incredible team that is highly motivated to connect office seekers with office providers. Their work on the sales and marketing end means we can focus on delivering incredible spaces and communities of meaning.”

Lease Your Serviced Office in Melbourne Today!

Serviced offices offer a cost-effective solution for many local and international businesses to join Melbourne’s thriving business landscape. With its unmatched flexibility, advanced technology and features, and numerous growth opportunities, achieving your peak potential has never been easier.

If you’re on the hunt for the best serviced offices in Melbourne for your business, Office Hub (Australia) is here to make things easier for you!

At Office Hub, we assist businesses of all sizes in finding the ideal serviced office space that meets their needs. Once you’ve selected the best option from our list, our experts will schedule a tour for you to personally evaluate the chosen workspace.

Our experts can help negotiate the best rental rates, ensuring you won't strain your finances. They can also assist with any questions related to flexible office spaces. So, what are you waiting for? Contact us now to get started!

Related Reads:

• 12 Small Serviced Offices in Melbourne for Your Team
• Exploring Enterprise Office Spaces & Their Impact on Big Corporations
• Is it Better to Work from Home or Coworking Space?
• Why Are Virtual Offices Worth It?
• The 10 Best Flexible Serviced Offices In Sydney