Setting a realistic fitout budget

Rules of thumb break first

A per-square-metre rate is a starting point, not a budget. It ignores the things that actually drive fitout cost: the condition of the premises, the level of finish, services upgrades, and the approvals pathway.

Build the budget from the scope

1. Base building — what the landlord provides and what you must add
2. Services — mechanical, electrical, hydraulic, fire, data
3. Finishes and joinery — the level of finish your concept needs
4. Approvals and certifications — DA, CDC, fire, access, food authority
5. Contingency — a realistic allowance, not a round number

Pressure-test it early

The cheapest moment to fix a budget is before design is finalised. Once drawings are detailed, every change costs more to unwind.

Keep a contingency you trust

A fitout budget without a proper contingency is a budget that will be broken. Hold one, and manage it against the scope as design develops.