Fitout vs Refurbishment vs Makegood: What’s the Difference?
If you’re a Brisbane business owner about to move premises, renovate, or hand back the keys on a lease, you’ve probably come across three terms that get thrown around like they mean the same thing: fitout, refurbishment, and makegood. They don’t. Each one refers to a different stage of a commercial space’s life, and knowing […]
What Is Office Makegood and Who Pays for It? Tenant vs Landlord Obligations in Queensland
If you are approaching the end of a commercial lease in Brisbane, there is a good chance you have come across the term “makegood.” For many tenants, it arrives as a surprise. For landlords, unresolved makegood is one of the most common sources of end-of-lease disputes. This article breaks down what office makegood actually involves, […]
The Benefits to Starting Your Make-Good Strategy 6 Months Before the Lease Ends
When a commercial lease is approaching its end, tenants often underestimate how much time and planning an end-of-lease make-good really takes. Returning a property to its original condition can involve multiple steps such as removing fit-outs, repainting, repairing surfaces, and organising trades. Starting your make-good strategy at least six months before the lease ends can […]