3 tips for managing commercial property maintenance costs

Nick Higgins |   January 20, 2016 at 10:01 PM

3 tips for managing commercial property maintenance costs

As we’ve said before, there is no avoiding preventative maintenance in buildings, no matter if they are schools, retirement villages, offices or strata properties. Not surprisingly, commercial property maintenance costs can quickly turn into a big issue if they're not properly planned and budgeted for.

So the question is then, how do you go about setting up a maintenance schedule that is best suited to your needs? It all comes down to the size, the type of buildings on your property and the budget at your disposal. First things first, finding a property maintenance supplier that offers flexibility when it comes to payment plans can help you plan and forecast better – saving you money in the long run. Here are a few questions you can ask yourself that will help you plan and budget for your commercial property maintenance costs.

What condition are your buildings in?

Determining how much work is required to bring all buildings and assets up to standard is your first port of call when setting up a maintenance schedule. Using our ultimate preventive maintenance checklist can help you identify what building maintenance is needed. Should large-scale maintenance work be required in one go, you need to set up a maintenance schedule that will ensure repairs are done, followed by regular maintenance to ensure your property is maintained. This will prevent you from dealing with the same substantial and costly repairs every few years.

What are your specific maintenance needs?

No two properties are the same. There are many aspects that have to be considered when looking at building maintenance: size of the property, type of building materials used, age of buildings, fixtures and paint, as well as location. The more buildings on the premises, the higher the commercial property maintenance costs. However, your maintenance schedule can help you rotate the maintenance intervals and payment by focusing on the buildings that are the oldest or require maintenance work first. The location of your property also has an impact on the amount and type of maintenance required. Buildings close to the ocean are affected by the humidity in the air as well as the salt content – conducive to rust and mould.

What kind of payment plan would suit you best?

This all comes down to the availability of funds and maintenance work required. While urgent problems need to be addressed as soon as possible, preventative maintenance can be conducted over a period of time. If you have the funds to make the payment for large-scale repairs in one go, you could opt for an upfront payment plan. If your budget is constrained or funds are released gradually throughout the year, you need a payment plan that allows you to pay off the first large sum of repairs and continue to pay instalments to see to any building maintenance needs.

Find the best payment plan with Higgins Coatings

Higgins gives you the ability to tailor your painting and building maintenance plan to suit your budget and the condition of your buildings. Our tailored maintenance solutions ensure that all structures, regardless of size, are protected. Our solutions, designed to provide long-term savings by maximising the lifespan of existing surface solutions, can be structured over a period of between four and 15 years and even beyond. Here are our four maintenance payment plans:

Higgins Maintenance Solutions

 Your paintwork is an investment that needs protecting to ensure the ongoing appearance of your building and reduce future expenses. Learn how to keep your paintwork looking fresh for longer with our handy guide to painting maintenance.

Maintaining Your Painted Property

Higgins Coatings is Australia's premier commercial painting contractor with over 70 years of experience in providing cost-effective painting and tailored maintenance solutions to a broad range of industries including hospitals, aged care, schools, and strata. If you need quality painting services delivered on time and within budget, contact us today.