Warehouse Building Development

Warehouse buildings are extremely versatile. Investing in a warehouse development has a number of advantages.

E-commerce means strong tenant demand for storage

The rise in e-commerce in today’s world means a strong tenant demand for warehouse space. With the majority of companies in multiple industries now offering delivery services (fashion, homewares, electronics, books and so on), there is no shortage of tenants looking for storage space.

Long-term leases

Unlike commercial office leases that average 3-5 years, warehouse and industrial leases often extend to 5-10 years (or even longer). Reduced tenant turnover means a warehouse development can deliver stable returns.

Lower management costs

The fit-out for a warehouse space is completely different to that of any other building. With a focus on moving goods in and out rather than housing people or creating an attractive service space, management costs involved in warehouse developments are often cost effective. 

Resilience to market downturns

Warehouse developments show greater resilience to market downturns because they appeal across a range of industries, which means investors are guaranteed a diversified portfolio. Regardless of the world’s economic status, companies still have stock that needs to be stored, which is why many warehouse developments are completed before tenants have been secured.

As with every investment, there are things to consider before making a move. While warehouses are a strong investment opportunity, there are still factors that affect how successful your project is going to be.

Location

Your warehouse development’s proximity to transport makes a huge impact on whether or not it is likely to be successful. Choose an area that is easily accessible, has good parking and loading options, and isn’t subject to huge traffic and congestion to increase your project’s chance of success.

You should also analyse local competition, as well as ensuring that your intended location is zoned for your needs and that your development complies with planning law, fits in with environmental requirements and has room for growth are also important.

Tied up capital

When investing in building a warehouse, you need to be aware that your capital might be tied up for an extended period of time. Warehouse developments go through numerous stages, with substantial upfront costs and longer lease terms. You need to decide if this meets your risk profile and investment strategy before you proceed.

Novus Projects tailors our approach to warehouse developments to the specific needs of property developers who require robust, efficient and scalable facilities that maximise operational efficiency and return on investment.

We understand that warehouses are the backbone of supply chains, and our designs are focused on functionality, durability, and adaptability to future needs.

Analysis

Our approach to warehouse construction starts with a comprehensive analysis of site conditions, logistical requirements and the specific needs of end users. Whether you require a large warehouse for storing inventory or you're looking for specialised, industry-specific storage, we can assist in the planning stage.

We understand the importance of compliance and are well-versed in navigating the necessary approvals and inspections to ensure your project meets all relevant standards.

Experience

At Novus Projects, we pride ourselves on understanding our clients’ needs. Over 30 years of practice, we’ve learned that sometimes, one size does not fit all and each construction project requires a different set of design outcomes to achieve the very best returns.

What doesn’t change is our focus on delivering a quality finished product to maximise your best financial return. Our history in building means you receive safe, compliant outcomes every time.

Advanced technology

We incorporate advanced building technologies to enhance operational efficiency and every element, from the foundation to the roofing, is carefully chosen to ensure suitability, safety and security.

At Novus Projects, we're committed to supporting your development needs. We would love to be your development partner and can provide a detailed quote (or tender) on your own plans. Contact us today to discuss how we can bring your vision to life.