Download BMT’s Construction Cost Calculator app to estimate the minimum and maximum range of construction costs for a property. The estimate is based on information about the property such as quality of finish, the property type, estimated year of construction, location and construction area. The estimated costs exclude GST and make an allowance for site works, building margins and basic landscaping.
If a property is being constructed for the purposes of an investment, ensure that depreciation deductions are taken into account once the property becomes income producing. Claiming depreciation deductions can significantly increase an investor’s cash flow.
For more information about the results from the construction cost calculator or property depreciation visit us at www.bmtqs.com.au