The fit-out cost in Sydney can be expensive if you’re not prepared. This can cause problems for store or office owners who may not have the budget to fit out their space correctly.
To keep up with the latest trends, you should be aware of the average fit-out cost in Sydney and know what drives its price and how much money you should spend.
Guide to Fit-Out Costs in Sydney
Your builders won’t just come up with a number to be the cost of your Sydney fit-out. The price they give you is based on different factors. Here is what drives the cost of a fit-out.
Technology
Technology is one of the main cost drivers for a fit-out in Sydney. Gadgets, security systems, and other technological advancements don’t come cheap. If you want your store or office to be at par with the latest trends, you should be prepared to spend on fit-outs that use the latest technology.
Find out what kind of technological advancements you’ll need and factor that into your fit-out budget.
Labour
The fit-out cost in Sydney is also driven by the availability of labour and their rates. Skilled labourers are usually in high demand and can ask for a higher wage. If you want to keep the cost down, make sure to book your contractors well in advance.
Materials
High-quality materials usually come with a higher price tag. If you want your store or office to look good, you’ll need to be prepared to spend on materials.
Examples of materials in the higher price spectrum are marble, granite, and other luxury finishes. Although they’re expensive, they will create an excellent prestigious impression on your shop or office.
Size
The size of your store or office will also affect the fit-out cost. You’ll need to spend more on the fit-out if you have ample space.
The larger the space, the more materials are needed, which will drive up the fit-out cost.
Timing
The timing of your fit-out will also affect the cost. Expect to pay more if you want to get it done during peak season. If you’re willing to wait, you can get a discount on the fit-out cost in Sydney.
Fit-outs that take longer to complete will require more labour and materials. If you’re looking to save money on your fit-out, try to have it done as quickly as possible. But note that you shouldn’t sacrifice the quality of the fit-out.
Structural Changes
If your store or office requires structural changes, the fit-out cost will be more expensive. There are times that you may need to hire the services of an architect and an engineer to plan the changes. You should also factor in the cost of getting the necessary permits from the local authorities.
What is included in a fit-out?
A fit-out commonly includes the following services:
- Adherence to the local fit-out regulations
- Electrical wiring
- Lighting fixtures
- Ceilings
- Shelving
- Plumbing
- Walls
- Restroom
- Flooring
- Elevator
- HVAC
- Stairs
- Windows
Average Cost of a Fit-Out in Sydney
Because of the driving factors of the cost of your fit-out, there’s no one-size-fits-all price. But if you want to have a general idea, the average cost of a fit-out is around $550 to $850 per sq. m.
If your business is among the small-to-medium enterprises, and you want to have a luxurious touch to your shop without spending too much, the fit-out can go as high as $1,500 per sq. m. If you own a large and prestigious business, the price can be more than $2000.
Conclusion
The fit-out cost in Sydney can range from $550 to more than $2000 per sq. m. The price will depend on different factors, such as the size of your space, the materials you’ll use, and the time of year you’ll have it done.
If you want to talk about how you can maximise your budget for a commercial fit-out, contact MKJ Projects today!
