Continued Changes to the Office Landscape

THE N&B team are always in step with the commercial landscape, gaining valuable insight into cost, risk, and return across a project’s lifecycle.  Over the past few years, we’ve seen a surge in investment in the revitalisation of commercial office buildings and central business hubs.

This increased activity has been driven by tenant demand and landlords re-prioritising the human experience, as an incentive for a return to workplaces.  Amongst the works that property owners have delivered are modernised facades and foyers, building facilities, new speculative fitouts, End of Trip facilities and the creation of “third spaces”.

The national housing shortage has also sparked increased activity around converting commercial office properties into residential assets.

Napier & Blakeley have worked on various commercial office revitalisation projects around Australia for clients including AFIAA, AREF, AXA, Juilliard Corporation, NewActon, PGA and W Property.  We’ve included images to illustrate some of the projects involving the enhancement and refurbishment of commercial buildings.

N&B SERVICES
▪ Current market conditions and pricing;
▪ Detailed cost planning advice;
▪ Cost engineering;
▪ Condition assessments and performance reviews;
▪ Capital and operational expenditure forecasts;
▪ Net zero pathway reviews;
▪ Tax depreciation assessments;
▪ Schedules of Condition for new leases;
▪ Make Good Assessments for expiring leases; and
▪ Insurance Reinstatement Cost Assessments.

SYDNEY WATER HQ, 1 SMITH ST PARRAMATTA
Full façade replacement, upgrade to End of Trip facilities, lifts & security, main ground floor lobby & café, typical floor lift lobbies & bathrooms for AREF

477 PITT ST, SYDNEY Full refurbish and upgrade to existing commercial high rise office		825 BOURKE ST, MELBOURNE Lobby and roof activation and end of trip upgrades for Juilliard Corporation		60 UNION ST, SYDNEY Full refurbish and upgrade existing building for AFIAA
MERCHANT 3 HOSKING PLACE, SYDNEY Conversion of existing building to strata offices for W Property				410 QUEEN ST, BRISBANE Various speculative fitouts for PGA
21-23 MARCUS CLARKE ST, ACT Lobby activation, speculative fitout and end of trip upgrades NewActon		459 COLLINS ST, MELBOURNE Business Centre for Juilliard Corporation

CONTACT OUR TEAM FOR ADVICE

For 38 years Napier & Blakeley have been providing the following services to the property industry:

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