So you have researched the market, found a great tenancy to move to, budgeted well and understand the costs of the lease and fitout of the new tenancy......and then......BAM!

 Your Landlord hands you the quote for the Make Good on the tenancy you are leaving. Now there is a big hole  in your budget......

 This is the cost that knocks Business Managers and Owners sideways time and time again. The Make Good clause of your lease is somewhere at the back, and is usually disarmingly short and to the point and will say something like" The Tenant is to bring the tenancy back to its original condition including the removal of Partition Walls, Joinery, Services, Carpet and Ceilngs. New Carpet, ceiling tiles and perimiter wall paint are to be applied upon removal of all items". POW! Thousands and thousands of un-planned dollars.

The typical cost of a Make Good is running at about $150/m2 for larger Open Plan offices and can be  $250/m2 Plus on tenancies with lots of offices, partitions, joinery and services (toilets, kitchen areas).  It is wise to get the costs of the Make Good at the same time as you are budgeting and researching the market for a new space. Our experience with our clients is that many Make Good costs can be negotiated, as long as you have time to talk to your landlord about which elements of the tenancy they make like to keep for a new tenant.

Our Commercial Project Managers would be pleased to assess your current space and provide you with Make Good cost options for discussion with your Landlord. Just call us on 1800 FITOUT to arrange a time.