All Topics / Commercial Property / LAND AND BUILDING COSTS

Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of Sideline2Sideline2
    Member
    @sideline2
    Join Date: 2011
    Post Count: 1

    Where can you source currrent average costs for :-

    per square metre land content for commercial unit development?

    Square metre building costs?

    Do these change if a highrise site?

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856

    where? What type of development? Etc…….

    1 look up a quantity surveyors website for building costs bmtqs

    2 look up colliers, knight frank or the other commercial real estate websites & go to their research papers or contact the local commercial agencies.

    Profile photo of MackiebMackieb
    Member
    @mackieb
    Join Date: 2012
    Post Count: 3

    1st post but the quickest was would be using ‘rawlinsons’ as a cost guide for pretty much any construction costs.
    probably as accurate as youll need for conceptual investments

    Profile photo of mattstamattsta
    Participant
    @mattsta
    Join Date: 2011
    Post Count: 604

    Do you have a particular are you are interested in? All prices and everything can vary greatly by location!

    Profile photo of charlescrowleycharlescrowley
    Participant
    @charlescrowley
    Join Date: 2012
    Post Count: 12

    I agree with you. Location is what determines the value of a property.

    Profile photo of livewildcardlivewildcard
    Member
    @livewildcard
    Join Date: 2012
    Post Count: 36

    Yes number of ways to look at.

    Rawlinsons construction handbook think its about $400 but may be able to source from somewhere and they may have online rate or something I havent checked

    Construction calculators like Scott No Mates mentioned like http://www.bmtqs.com.au/ConstructionCostCalculator.aspx and if you are signed up to their mailing list they actually publish current construction rates etc and regional differences in their newsletter

    Few articles online that are published with current construction costs.

    Profile photo of kentotoolekentotoole
    Member
    @kentotoole
    Join Date: 2012
    Post Count: 19

    Depending on the location. In your case, commercial unit can be very expensive.

    Profile photo of homepropertyhomeproperty
    Member
    @homeproperty
    Join Date: 2012
    Post Count: 12

    I've got to agree with the majority of my fellow commentaries'. Depends on the location of the property in discussion.

Viewing 8 posts - 1 through 8 (of 8 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.