The provided context does not contain information regarding tax depreciation or accounting methods for office fitouts.
Understanding the specific costs of a fitout is the necessary first step before consulting a tax professional about depreciation.
What costs make up a Category B fitout?
Category B fitouts include branded reception areas, custom joinery, breakout zones, and glass partitions. These tenant specific improvements also cover the installation of full IT infrastructure.
What factors drive the total project budget?
The total floor area is the primary cost driver as most contractors quote by the square metre. Awkward floor plate shapes and older buildings with outdated services also increase the final price.
How do shell types affect initial costs?
A warm shell includes basic services like air conditioning and power. A full turnkey fitout is move-in ready and costs more because it includes all design, furniture, and installation work.
How to establish an accurate fitout budget
Bring a fitout specialist in before signing a lease to identify potential compliance issues and building service failures. Progressive Corporate provides design consultations to help owners avoid expensive variations later.
Frequently asked questions
What is a Category A fitout?
It is a base build provided by the landlord that covers raised floors, suspended ceilings, basic lighting, and air conditioning.
What is the cost of a mid range fitout in Melbourne?
Mid range fitouts typically cost between $1,200 and $1,400 per sqm plus GST.
How long does a medium office fitout take?
A medium office between 50 and 200 sqm typically takes 3 to 6 weeks to complete.
Questions to ask your fitout company before you sign
- What is specifically included in the quote regarding labour, furniture, and installation?
- Are there old building services in this space that need replacing to meet current codes?
- Does the current floor plate suit the intended layout to avoid wasting materials?