How Much Does An Office Fitout Cost?

News > How Much Does An Office Fitout Cost?

When you’re planning an office fitout there are a few things you need to consider, most importantly is the budget. Planning well ahead of any fitout is critical & will help understand costs that are involved in this process. A typical fitout/process includes initial Concept Designs, Design Development, Project Budgets, Construction & Fitout. Crest Interiors break down the costs involved in the different departments of the business

Tackling the IT

The company’s IT infrastructure is a very important part of business operations and keeping everything running smoothly is critical. A simple relocation of existing server equipment will be the most cost-effective option, however some organisations take the opportunity to upgrade all server equipment and associated computers, laptops & screens. Phone systems can be either relocated or renewed, with VOIP phone system being more common, there has been a reduction in the number of data points required to each work point. With a move to agile working most workers are using mobile phones, so the need of a phone system become obsolete.

Finally, your connection with the rest of the world, costs of setting up internet or fibre connection will depend on the existing facilities in the building

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Admin and housekeeping costs

This involves relocating files, scheduling when downtime will occur and controlling the office relocation, the cost will be dependent on the amount of equipment and files that need to be relocated. It is the time where you would research parking locations and travel options for staff. Updating your internal systems to coincide with your new location and notifying all suppliers and clients of your new address. Some companies choose to rebrand, incurring the cost of designing new logos, refreshing the overall business collateral & website.

Cost of Construction

The cost will depend on the space you’re moving into – is it partially fitted out, or is it an open space (existing flooring, ceilings, and services)? An open space typically is the more expensive type of fitout due to the need of building rooms and spaces to suit your business requirements. However, if the space has a partial fitout, existing built environments can be retained making it a more cost effective fitout.

There may also be constraints with the site and location, adding extra cost to the fitout. Is it a multitenancy building? Are there after hours works required? Are there any hidden cost associated with the building? What certification will your fitout require? Does your business require specialist rooms like labs or training centres?

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Different fitout designs will have varying costs. Will your space be open plan, or will it be a traditional office? Will you have meeting rooms and breakout spaces? Do you have extensive signage/graphic requirements? Is the fitout aligned with your corporate branding?

The above are just a few things to consider when you’re budgeting for the cost of a fitout. When you speak to Crest Interiors about your fitout plans, we will help you choose the designs best suited to your business so that we can provide you with a cost estimate, and then we can get started on bringing your new space to life.