What does it cost to build a factory or warehouse (industrial property) in Cape Town in 2013?
There are many factors that can cause substantial variances in building costs such as the topography of the site, quality of finishes, complexity of construction, including the region where the building is to be erected.
The following is a rough guideline only and it is always recommended that a quantity surveyor be consulted to calculate a more accurate cost. The rates below do not include professional fees or escalations and exclude VAT.
For a basic Industrial building with a steel portal frame, brickwork to door height with cladding above and roof sheeting, the approximate range of costs would likely fall in the range of R 3,500 to R 4700 per square metre of gross building area.
For offices, ablutions and change rooms, the approximate range is likely to be from R 5,500 to R 6,700depending on the finishes and complexity of construction.
Airport Property works closely with a architects, quantity surveyors and engineers in order to assist their clients to add value to their industrial property holdings. GDP maintains an intense focus on large industrial properties, their owners and users in Cape Towns major Industrial areas
Guy de la Porte is the Airport Industrial Property Specialist.
