Find Your Next Office · Enterprise Advisory

Enterprise Office — Total Cost of Ownership (TCO) Comparison Calculator

Compare a conventional Grade A lease against a fully serviced / flex suite over your commitment term, on a like-for-like cost basis. Every figure is an editable indicative assumption — replace them with your own quotes. All figures exclude GST unless otherwise stated.

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Your requirement

Set your requirement, then adjust the cost assumptions to your quotes.


Conventional lease


Serviced / flex


Advanced assumptions

Escalation compounds annually on the conventional rent. The landlord contribution reduces net fit-out (capped at the fit-out cost). Deposits are refundable and vary by landlord/operator — adjust to your terms.

Conventional Grade A lease
Conventional
total over term
  • Rentable area
  • Rent, net of rent-free (term)
  • Operating costs (term)
  • Fit-out CapEx, net (one-time)
  • Reinstatement (end)
  • Total commitment
  • Upfront cash (incl. deposit*)
Serviced / flex suite
Serviced / Flex
total over term
  • Monthly (all-inclusive)
  • Licence fees (term)
  • Fit-out / setupIncluded
  • ReinstatementIncluded
  • Total commitment
  • Upfront cash (incl. deposit*)

Where the cost goes

The full commitment over your term, broken into its parts. Bars are scaled to the larger total — the longer bar is the more expensive option.

Conventional

Serviced / Flex

Rent (net of rent-free)
Operating costs
Fit-out (net)
Reinstatement
Flex licence fee

Upfront cash required

Cash out before you move in — the number that matters most for growing companies preserving capital. Deposits are refundable at term end.

Conventional

Serviced / Flex


What you’re really comparing: private vs shared space

A cost comparison isn’t a like-for-like space comparison. Here’s what typically sits inside each option.

A note on comparability. A serviced or flex workspace is not a like-for-like substitute for a self-contained demise. In a flex centre, your private suite is materially smaller, because core amenities — washrooms, reception, kitchen and pantry facilities, phone booths, and most meeting and conference rooms — are shared with other occupiers in the building. Under a conventional lease, these are provided within your own demised area — a key reason it requires a greater area per employee and carries the associated fit-out cost.

Conventional lease

Everything sits within your own demised space — you design, fit out and pay for all of it.

Your demised space

Workstations
Meeting rooms
Conference room
Discussion pods
Reception
Pantry / kitchen
Breakout area
Lounge
Phone booths
Washrooms
Storage
Server / IT

Serviced / Flex suite

Your private suite is smaller; most amenities are shared with other tenants in the centre.

Your private suite

Workstations
Meeting room*
Storage*
Server / IT*

Shared with other tenants

Reception
Pantry / kitchen
Breakout area
Lounge
Discussion pods
Phone booths
Washrooms
Conference rooms

Private — within your space
Shared with other tenants

*In enterprise-grade flex suites, selected facilities — a private pantry, dedicated meeting rooms, phone booths or a secure IT room — can be built or customised within your own suite, giving a larger private footprint in return for a higher fee. Our advisory team can help you calibrate the right balance of private and shared space for your organisation.

Typical scenarios

Illustrative only — not driven by your inputs. This table shows how the trade-off usually shifts as team size and term grow, at market-typical rates. It can differ from the calculator above, which reflects your figures. Always rely on the calculator for your own decision.
Team size1 year3 years5 years
10–25 peopleFlex usually favouredFlex usually favouredCompare
26–50 peopleFlex usually favouredCompareConventional may improve
51–100 peopleCompareConventional may improveConventional often favoured
100+ peopleProject-specificConventional often favouredConventional often favoured

What’s included?

A serviced/flex fee bundles operational items a conventional tenant arranges and pays for separately.

ItemConventional leaseServiced / flex
FurnitureTenantIncluded
Internet & telecomsTenantIncluded
UtilitiesTenantIncluded
CleaningTenantIncluded
Facilities managementTenantIncluded
Meeting roomsTenant fit-outIncluded / on-demand
Fit-outTenant CapExIncluded (standard)
ReinstatementTenantIncluded (standard)
Lease flexibilityTypically 3–5 years; negotiatedShorter terms commonly available
Expansion optionsNegotiatedSubject to adjoining availability

“Included (standard)” refers to standard flex suites; customised enterprise suites may involve additional setup costs.

⚠ Disclaimer

This calculator is a guide only. It provides a high-level, indicative estimate of the overall costs involved in occupying office space, based on the assumptions you enter. It is not financial advice, a valuation, or a formal quotation, and actual costs will vary by building, floor, term, incentives and negotiation. Please confirm all figures with our advisory team and during technical and commercial due diligence before making any decision.

Both columns are modelled on an all-in basis: the conventional total includes rent (net of the rent-free period, with optional annual escalation and landlord fit-out contribution), operating costs, net fit-out and reinstatement; the flex total is the all-inclusive licence fee. Deposits are refundable and shown as upfront cash, not sunk cost. Gross rent is assumed to include the service charge; operating cost covers utilities, cleaning, facilities management and in-suite IT. All figures exclude GST unless otherwise stated.

For serviced / flex, standard fit-out and reinstatement are generally included, subject to the operator’s proposal; customised enterprise suites may involve additional setup costs.

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