Renovating your commercial space can seem like a complex process, but understanding the factors that influence the cost of your project is the first step in planning your next big move. Whether you’re upgrading your office, transforming a retail space, or revamping an industrial facility, the cost of a commercial renovation depends on several key factors.
At BSG Commercial, we specialise in providing tailored solutions that meet your budget, goals, and timeline. Here’s a breakdown of the primary factors affecting commercial renovation costs:
1. SIZE OF THE PROJECT
The size of your commercial space is a big factor in how much your renovation will cost. Bigger spaces need more materials, labour, and time, which can bump up the price. No matter if you’re updating a small office or tackling a larger building, BSG Commercial works with you to plan the project efficiently and allocate resources wisely, so we can keep costs under control without skimping on quality.
2. MATERIALS AND FINISHES
The materials you choose for your commercial renovation are key to ensuring lasting quality. It’s important not to overbuy and waste materials, but at the same time, you don’t want to cut corners. Choosing quality materials now will save you from problems down the line. Quality is what will make sure your renovation holds up over time.
It’s a good idea to shop around and compare prices to strike the right balance between cost and quality. While timber demand in the construction industry is high due to the rise of high-rise multi-unit developments, there are still plenty of materials that can work well for your project.
Additionally, new technologies and materials are constantly emerging in the office and retail renovation industry, especially in Australia, so taking the time to research the best options for your needs can really pay off.
3. DESIGN AND SCOPE OF WORK
The complexity and scope of the design can significantly influence the cost of your renovation. A straightforward redesign may be more affordable than a complete overhaul of the layout, structural changes, or the addition of new features like modern fixtures, advanced technology, or sustainable designs.
4. LABOUR COSTS
Labour is a major part of any renovation. The skills needed for the job and the project timeline will impact labour costs. The goal is always to get the highest quality work done on time and without disrupting your business too much while keeping everything within your budget.
5. TIMELINES AND SCHEDULING
Managing project timelines effectively is essential to minimise downtime and prevent additional costs. Renovation work that extends beyond the planned schedule can increase costs, especially if there are disruptions to your business operations. BSG Commercial takes pride in delivering on-time completions by carefully managing every stage of the renovation process. We strive to ensure a smooth experience, keeping your business running with minimal interruptions.
6. PERMITS AND REGULATIONS
In many commercial renovation projects, obtaining permits and ensuring compliance with local building codes and regulations can add to the cost. BSG Commercial handles all necessary paperwork, permits, and inspections, ensuring that your project adheres to legal requirements without unnecessary delays or added costs.
HOW MUCH WILL A COMMERCIAL RENOVATION COST?
In Australia, commercial property renovations can typically cost anywhere from $75 to $1,000 per square foot. The price can vary depending on factors like the type of building, location, and the complexity of the project. If you’re looking for custom finishes or special features, the cost will likely be higher.
If you’re curious about how much your specific commercial renovation might cost, feel free to contact us for a free quote. We’ll provide a tailored estimate based on your building’s unique needs and goals.
WHY CHOOSE BSG COMMERCIAL?
At BSG Commercial, we combine years of industry experience with a commitment to delivering cost-effective, high-quality commercial renovations. Our team works closely with you throughout the entire renovation process, from initial consultation to project completion. We provide personalised cost estimates, expert advice, and the peace of mind that comes with knowing your renovation will be completed on time and within budget.
GET STARTED TODAY
Ready to transform your commercial space? Contact BSG Commercial for a personalised cost estimate and professional advice tailored to your needs. Let us help you bring your vision to life with a renovation that exceeds your expectations and stays within your budget.
Contact us today to schedule a free consultation or to learn more about how we can assist with your next commercial renovation project.