Cost Comparison

Cost Comparison

The Lakeside Business Centre is ideally established to cater for small businesses of 1 – 5 persons or for a branch of an interstate or international business.

Our facilities and rental flexibility assists new businesses or a new branch establish with very little set up cost and commitment.

As the analysis below indicates The Lakeside Serviced Office package is a cost effective solution.

COST COMPARISON OF COMMERCIAL LEASE VERSUS THE LAKESIDE BUSINESS CENTRE – SERVICED OFFICE OPTION AT SOUTH MELBOURNE

Example: OFFICE ACCOMMODATION FOR 2 PERSONS AND RECEPTIONIST

Description Commercial lease 3 years
$ ex GST PER YEAR
Lakeside
(month to month)
$ ex GST PER YEAR
Space for; receptionist, meeting room, 2 workstations, kitchen (4 rooms) 50 sq m
(Fit out $15,000)
15 sq. m
(2 workstations fit out included)
(shared reception, board room etc)

OPERATIONAL COSTS

Cost of rent $16,500 $17,500
Outgoings $5500 included
Furniture / Equipment lease $5000 included
Receptionist $40,000 included
Office maintenance $1000 included
Cleaning $2750 included
Utilities $1200 included
Kitchen supplies, flowers, newspapers $1300 included
SHDSL Business grade Internet, firewall, fail-over and maintenance $2400 $1200
Communications, Phone lines, hand sets etc x3 $2160 $840
Amortization of make good cost at end of 3 year lease $1000 included
Depreciation of fit out $2000 included
TOTAL $80,810 $19,540
No Receptionist option Total $40,810 $19,540