‘Sweeping-up’ behind yourself yields big savings when moving office

Kernel Property

Paul Mead has a few surprises up his sleeves in his tenant advisory business, which adds up to significant savings for tenants when relocating.

Typically, landlords charge $350-$600 a square metreto “absolve” tenants of their de-fit obligations, in Premium and A Grade buildings in the CBD, and $250-$350ma sq m for city fringe and suburban premises, Paul says.

The Kernel Property treatment, however, has proved it will shave 35-70 per cent off that amount, achieving savings of $120,000 to $245,000, for just a 1000 sq m CBD office.


“We identify and create true leverage,” Paul says, “and we use appropriate legislation, case law, and experience to minimise costs and material waste”.

Key is the skilful co-ordination of that tricky time between leaving the old office and moving into the new, including often, a nice rent free period in the new lease.

This means that instead of letting the landlord throw everything out to landfill because there’s such a rush at the end of lease, they can create time for an orderly, sustainable diversion of material that makes the job a whole lot cheaper than it would otherwise be.

Kernel Property

Professional Services | Australia