Traditional Offices for 2-5 People (circa 60m²)

INDICATIVE COSTINGS

 

Shared vs Traditional Office:
Annual Cost Comparison for a 2-5 Person Team

When looking for office space most people think how many staff they need to accommodate, bums on seats right? Having leased commercial space for over 20 years I’ve had this conversation many, many times. It typically leads to me explaining the size of a double garage in their home is 40m² odd and from there they say, yeah I’ll need two or three of those.

What do you need in configuration, I ask? Well reception, a boardroom, maybe another meeting room and desks for each staff.

 

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Shared vs Traditional Office: Annual Cost Comparison for a Two & Five Person Team

 

How does our Sunshine Coast Shared Office Space Compare?

Independent Offices

Per Annum

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The Boarding Office

Perfect for larger operations.

Office Space (2-5 People)

$ 21,000.00 ($350 / m2)

$ 13,000.00 ($250 / week)

Outgoings $ 3,000.00 ($50 / m2)   N/A
Legal Fees (Lease) $ 2,500.00   N/A
Bond - 3 months rent $ 5,200.00   N/A
Internet $ 1,200.00   Included
Telephony $ 1,100.00  
Electricity $ 2,200.00   Included
Printer/Photocopier $ 1,600.00   Included
Cleaning $ 2,200.00   Included
WHAT IS YOUR TIME WORTH TO YOU?   Research and engage Internet and Electricity Providers   Internet, electricity and security system already established
    Await paperwork, review and issue   No long term lock-in Contracts
    Organise removalist and office setup   Office furniture supplied (if required)
TOTAL PER YEAR $ 40,050 $ 13,000.00
(Save upto $ 27,050 / year!)

Throw in a kitchenette, toilet, maybe even a lunch room, some hallways and there’s your 4-6 car garage or 60-120m² of floor space.

Traditional Offices for 3-6 People (circa 80m²)

INDICATIVE COSTINGS

 

Shared vs Traditional Office: 
Annual Cost Comparison for a 3-6 Person Team

 

The attached plans show a quick to scale example of what fits in a typical 60 and 80m² floor plan. These are taken from actual office layout plans here on the Sunshine Coast.

How many times a day or week though is your reception occupied, does your board and meeting rooms get used, the lunch room, the kitchenette? With a staff <10 the statistics are low.

Hey look, we didn’t invent this theory, we just seek to emulate what others have figured out, in that co-shared office spaces take advantage of this to create efficiencies amongst a number of compatible businesses to share these facilities.

 

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SHARED VS TRADITIONAL OFFICE: 
  ANNUAL COST COMPARISON FOR A THREE – SIX PERSON TEAM

 

How does our Sunshine Coast Shared Office Space Compare?

Independent Offices

Per Annum

Save

The Boarding Office

Perfect for larger operations.

Office Space (3-6 People)

$ 28,000.00 ($350 / m2)

$ 15,600.00 ($300 / week)

Outgoings $ 4,000.00 ($50 / m2)   N/A
Legal Fees (Lease) $ 2,500.00   N/A
Bond - 3 months rent $ 7,000.00   N/A
Annual Costs (Services)    
Internet $ 1,500.00   Included
Telephony $ 1,320.00  
Electricity $ 2,500.00   Included
Printer/Photocopier $ 1,700.00   Included
Cleaning $ 2,300.00   Included
WHAT IS YOUR TIME WORTH TO YOU?   Research and engage Internet and Electricity Providers   Internet, electricity and security system already established
    Await paperwork, review and issue   No long term lock-in Contracts
    Organise removalist and office setup   Office furniture supplied (if required)
TOTAL PER YEAR $ 50,820.00 $ 15,600.00
(Save upto $ 35,220 / year!)

The benefit is – yes – lower rent and overheads, but also more flexibility to expand and contract plus a greater sense of space. A cleverly designed large co-working space leaves an impression on most visiting clients of space, size and therefore stability. More bang for your buck!