Feasibility & Building Articles
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1108 Part 5 - Put on your developer’s hat


 
Jul / Aug 2011 There are a number of variables that need to be taken into account when putting together a financial feasibility study for a building project.

The factors affecting these variables are quite complex. The commercial property market follows a cycle different to the residential property market. It is more of a 12-year cycle and is dominated by the CBD in each capital city.

1108 Finding the Right spot for a Practice


 
Jul / Aug 2011 Just because there is a practice next door, down the road, or across the road, does not mean a new practice will be allowed in the vicinity. I thought it might be beneficial to run through the various factors that need to be considered when searching for the right ‘spot’ to set up a new dental practice.

Due to the limits of space, this column will address primarily the physical and statutory issues, as the business decision has as many variables as there are practitioners.

1106 Part 4 - Financial Feasibility for Dental Buildings


 
May / Jun 2011 The big question is what is your project going to cost and what can your practice afford to support?

When a developer is building commercial premises, he includes in his budget the land purchase, the building ‘shell’ plus air-conditioning, ceiling, lighting, minimum toilets, landscaping, parking and common areas. It is up to the tenant to fit-out the tenancy to suit the business’s needs.

The answer to this budgetary question is your critical starting point.

1104 Part 3 - Finding And Evaluating The Right Site


 
Mar / Apr 2011 A good architect will stand on the site and imagine ideas of form, mass, materials, entrance and views. In the hands of a creative professional, the limitations often provide incredible opportunities. It is what makes architecture specific and unique, as no two sites are the same.

1102 Part 2 - Talking The Talk


 
Jan / Feb 2011 Every profession has its jargon; a secret language, if you will, which allow its members to communicate accurately about the subject matter. To understand and talk the language of a profession is advantageous as you will often be treated as an equal rather than an outsider. Understanding the terms, processes and industry norms will enable you to get the best out of any architect, draftsman, designer and builder who you choose you engage.

1012 Part 1 - Why Do It?


 
Nov / Dec 2010 A dream many practitioners have is to practice in premises they own. It is not difficult to see the attraction. No landlord to annoy you, security of tenure that comes with owning your own property, mortgage to pay off the loan instead of rent which pays off the landlord’s loan, and as a long term bonus, an investment that can support you when you retire.