Novus Projects is dedicated to delivering high-quality commercial property developments that meet the diverse needs of businesses across multiple industries. Whether it's building offices, warehouses or versatile mixed-use developments, we bring a wealth of experience and commitment to every project.
A commercial property developer, also known as a commercial building developer is a company or individual that develops land and building for commercial (not residential) purposes.
They will oversee the process from start to finish. Their job includes, but is not limited to, finding and acquiring a suitable site, working with architects to plan and design the best concept, securing finance, overseeing the entire construction process, and then finding tenants and buyers for the property when it’s complete.
Commercial property development in Perth has a number of advantages, including higher returns, steady cash flows and a diverse portfolio.
Typically, the Australian property market has produced well over the previous twenty years. Commercial property developers have the opportunity for higher returns than residential, because commercial buildings usually offer higher rental yields than residential ones.
Commercial leases are often longer than residential leases, which potentially offers a steadier cash flow and more stability. Commercial property development companies can also build for a number of industries, from with commercial developments including warehouses, shopping centres and infrastructure to name just a few. This provides developers with a diverse portfolio, protecting them from market shocks.
Commercial property investments also offer a number of tax benefits. Commercial property developers in Australia can claim deductions for mortgage interest, repairs, management fees and so on.
Most significantly, they can also claim depreciation on the building itself (and its contents). Claiming depreciation reduces your taxable income, which improves your rental returns.
There are lots of different types of commercial development across a range of sectors. Novus Projects is dedicated to delivering high-quality commercial property construction, including offices, warehouses or versatile mixed-use developments. We bring a wealth of experience and a commitment to excellence to every project.
Novus Projects has extensive experience in warehouse development, which we tailor to the needs of the clients and property developers we work with. Our work is characterised by robust, efficient and scalable designs, which focus on functionality and adaptability.
By working closely with healthcare professionals, we specialise in creating medical centres that meet stringent health and safety standards and optimise your investment.
With our expertise, we streamline the entire construction process, making it straightforward and hassle-free for you.
Likewise, childcare facilities need to deliver exceptional quality and compliance, and create spaces that are safe and appropriate for their usage.
We focus on materials and layout so that our developments offer a safe, inviting and effective space for early childhood.
We approach the construction of low-rise office and retail buildings, understanding the need to produce both an aesthetically pleasing and functional space, which align with our client’s vision. We have the expertise to ensure that mixed-use developments create convenient living and working spaces, with a sense of community.
As with all our builds, we make sure every project meets the relevant approvals, inspections and codes and is ready for occupancy.
Perth’s commercial property market is performing well in 2025, on the back of a strong 2024. According to REIWA, the entire commercial sector grew in 2024, with the industrial and retail sectors performing the best.
The growth in the industrial market is driven by shortage, with ongoing commercial land development shortages and continuing demand.
Taking which sectors are most profitable into account when planning a commercial development is important, but there are other considerations too.
It sounds like common sense, but it’s worth bearing in mind that one location may not be suitable for all commercial development types. Make sure that the location you choose is suitable for your target business type. Consider things like an area’s accessibility and transport links, as well as what type of other businesses or developments are in the area.
In addition to assessing a location for its amenities and infrastructure, you also need to consider the market demand for your development. When you do so, don’t just consider the location at the current time. Think about its long-term prospects and the potential for growth before you lay your first brick.
It’s vital to understand an area’s zoning and which council approvals you need to build before committing to a project. Working with a builder or developer who understands the process and has a strong network will ease the proceedings and make the whole process much smoother.
Novus Projects has over 30 years in the building industry, creating hundreds of commercial property developments across Perth and delivering successful projects and positive outcomes to our clients.
In today’s climate, factoring sustainability into your development is key to meeting market expectations. There’s a rising demand for sustainable buildings to support companies’ carbon goals and foster a welcoming, inclusive environment for employees.
We offer a tailored, bespoke approach to each development, building lasting relationships with clients that we consider development partners. Our services include, but are not limited to:
We offer a free site assessment to help you identify the best development options and potential costs to help with your investment decision. We can also help you research land and evaluate its potential profitability, taking land and building costs into account as well as demand and approvals.
We will also conduct a thorough feasibility analysis, taking into account market demand. We’ll also look at lease rates, vacancy rates and the pros and cons of developing in your chosen area.
We will help you finalise your house design plans and working drawings, and provide you with a detailed cost estimate. Our drawings will refine the design through detailed floor plans, elevations and 3D modelling. There will also be structural drawings with plans for the foundations and other structural elements as well as plans for HVAC, plumbing, electrical systems and so on.
We use our experience to help you assemble the right team of commercial builders, offering security, transparency, accountability and expertise to streamline your building process.
We pride ourselves on a client-focused approach. We make the effort to really understand your goals and vision for your project and work with you as a partner, with regular updates, total transparency and a tailored approach to suit you.
If you're looking for a reliable partner for your next property development project, we invite you to submit a tender request. Contact us today to discuss how we can help bring your vision to life.
Using our knowledge and experience, we can help our clients avoid the potential pitfalls of commercial development projects and set them on the path to success. Contact us today to discuss your next project and see how we can help.
