What if I told you that the cost of a fit-out is dependent on two main factors? Well, it’s true. And to give some insight into how these figures are determined, we have included our wealth of knowledge and experience in preparing the information below for potential clients like yourself who may be curious about this subject.
Office fit outs vary in price. We offer the following budget information that may be a helpful guideline based on your needs while planning for office relocation or refurbishment of current space. Our costs can largely depend on technical specifications such as what features are necessary, like communications room and security systems which will affect our final quote to you; please keep this range of prices only advice when looking at starting up an office!
Average Office Fit Out Costs
Offices vary massively in terms of usage and function, so there are many possibilities when it comes to the outcome of a fit-out or refurbishment project. As a rough rule of thumb, comprehensive refurbishments can cost anywhere from $600 to $800 per square metre. That includes everything – new furniture, air conditioning etc., as well as reception desks with meeting rooms attached and even cafés for that extra touch!
Helping you find the perfect fit-out for your office is our top priority. If you are on a tight budget, we recommend going with one of our basic packages to make sure that everything is functional and attractive but without any added extras like large windows or dual screens. To add flexibility it may be best if every employee has their own space so they can work independently when needed as well as grow into different roles within the company in case business suddenly picks up again!
A modular work environment can be subdivided using cost-effective partitions. With this, one or two meeting rooms and a breakout area are created; it also makes room for an office space of your own creation. If you love the thought of having more privacy in a workspace that is shared with others, but don’t want all the negatives associated with being isolated from coworkers (low social interaction), then modular offices may just do what you need them to!
Our team will work with you to find a tailor-made solution. We are not offering cookie cutter solutions because we treat every client as an individual, but there is the possibility of mix and matching our features in order to create your ideal office space! Get in touch today for more information about what other options we have available or get advice on how I can help make this decision easier.
But getting a handle on the costs doesn’t have to be hard. The first step is knowing what you need to budget for – and there’s more than meets the eye when it comes to fit-outs!
UNDERSTANDING THE SCOPE OF WORKS
One of the first things that anyone considering a move will notice is how much it costs to setup their new home. But what about those less obvious expenses? Lighting, electrical wiring and mechanical services (air conditioning) can all add up without careful planning ahead of time.
The items you need for your office might not be the first ones that come to mind, but they are critical in making a workplace effective. These products and others like audiovisual equipment, data/communications and security can make up significant costs of an interior design project – so it’s important to take them into consideration when planning out changes or upgrades!
Here is a quick checklist of the items you’ll need to factor into your office fit-out costs.
- Reception and waiting areas
- Partitioning – for offices
- Security and access
- Meeting rooms
- Kitchen and breakout areas
- Data and communications – internet, telephone, internal networks
- Electrical and wiring
- Mechanical (air conditioning)
- AV costs (TVs/presentation equipment etc.)
Making Structural Changes
- Will the changes to your office be cosmetic – painting, carpet, lighting?
- Demolishing or moving walls?
- Exposed ceilings?
You’ll find that your structural changes are more expensive than merely cosmetic ones. This is because the work of this project will be much greater in complexity, which can lead to a higher cost for you.
If you are taking over a new space that has elements of an existing fit-out (E.g., Existing workstations), this will be more cost effective to move into the space as it is! However, many businesses often overlook the longer term costs associated with changing how they currently conduct business in order to suit what was previously there.
You may be looking for a way to make your moving experience more affordable, but it’s important you consider the damage that could be done to all of those fabrics and makeup. If taking over an existing space, take some time to think about how well this new place aligns with the way your team works. What can departmental adjacencies do? They will help streamline our work so we are more productive in this environment!
What is your project timeline?
The timeline to complete the works will determine your final cost of budget. The shorter the deadline, more weekend and out-of-hours work is needed which can result in increased costs. Structural projects mentioned above also require building permits so it’s best to allow time for these before they are applied and approved on you’re new space.
Landlords and building managers ask that tenants avoid disruptive work outside of office hours, to make sure other renters are not disturbed.
How much office space do you need?
The workplace should be a space that is flexible, responsive to the needs of its employees and future hires. In order for this to happen, it must have an environment that creates the right mix between available spaces – communal workspaces when appropriate or private offices depending on what type of work tasks are being performed by different staff members.
Planning ahead of time will help you to avoid any expensive challenges. You should work within a realistic timeframe, and understanding the costs associated with your return date is key for keeping those finances in check.
It’s important to consider any potential company losses while your office undergoes major structural changes. Minimizing staff and customer/client inconvenience is key here, but it can be difficult with the amount of time and effort going into an office fit-out. Keep in mind that a completion date will depend on how complicated the design is, if approval has been granted yet or not by management; construction also needs to run smoothly for there to be no delays.