{
  "url": "https://classa.info/cities/melbourne/industries/biotech-life-sciences",
  "title": "Biotech and life sciences office space in Melbourne",
  "description": "Where biotech and life sciences occupiers cluster in Melbourne, what they pay, and what the typical fit-out looks like.",
  "oneSentenceAnswer": "Biotech and life sciences occupiers in Melbourne typically cluster in Docklands, plan ~320 sqft per seat at high-end fit-out ($4100–6000/sqft), and pay around 720 AUD/sqft ($43 USD) on Class A.",
  "tldr": [
    "Preferred submarket: Docklands.",
    "Typical fit-out spec: High-end ($4100–6000/sqft).",
    "Plan ~320 sqft per seat for headcount sizing.",
    "Class A rent context: 720 AUD/sqft ($43 USD).",
    "Typical lease: 7 years with 14 months rent-free.",
    "Talent depth in Melbourne: 84/100."
  ],
  "keyFacts": {
    "city": "Melbourne",
    "industry": "Biotech and life sciences",
    "naics": "541714, 541715, 325412",
    "preferredSubmarket": "Docklands",
    "preferredFitoutSpec": "High-end",
    "fitoutBand": "$4100–6000/sqft",
    "sqftPerSeat": 320,
    "classARentLocal": "720 AUD/sqft/yr",
    "classARentUsd": "$43/sqft/yr",
    "vacancyPct": "18.4%",
    "typicalLeaseYears": 7,
    "typicalRentFreeMonths": 14,
    "talentIndex": 84,
    "corporateTaxPct": "30%"
  },
  "faqs": [
    {
      "question": "Where do biotech and life sciences occupiers lease office space in Melbourne?",
      "answer": "Most cluster in Docklands. Rent runs ~720 AUD/sqft ($43 USD) for trophy and prime stock."
    },
    {
      "question": "What fit-out spec do biotech and life sciences occupiers run in Melbourne?",
      "answer": "Typically high-end at $4100–6000/sqft."
    },
    {
      "question": "How much office space per seat should a biotech and life sciences occupier plan in Melbourne?",
      "answer": "Plan ~320 sqft per seat blended. A 100-person team typically takes 32,000 sqft."
    },
    {
      "question": "What NAICS codes describe the biotech and life sciences vertical?",
      "answer": "Representative NAICS 2022 codes: 541714, 541715, 325412."
    },
    {
      "question": "What is the talent index in Melbourne?",
      "answer": "84/100. Use the city profile for full detail."
    }
  ],
  "pageType": "city-industry",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/melbourne/industries/biotech-life-sciences), updated 2026-04-15T00:00:00.000Z."
}