When the lease ends, does the value stay?
For commercial landlords, value isn’t just what the property is worth on paper – it’s how efficiently and profitably the space performs over time.
Whether you’re planning to re-lease, reposition, or sell, the question is the same:
What actually increases the long-term value of a commercial property—and what’s just cosmetic?
At Agero, we work with landlords and asset managers who want more than a quick patch job. They want smart, strategic improvements that attract tenants faster, reduce vacancy, and increase yield.
Let’s look at the tactics that really move the needle.
1. Elevate the Arrival Experience
A well-executed entry sets the tone for the entire property. It influences perception, leasing velocity, and even tenant pride.
High-value enhancements:
- Lobby upgrades with natural finishes and better lighting
- Digital directories and access control tech
- Art, greenery, or branded environmental graphics
- Thoughtful reception design—even for unmanned entries
2. Invest in Office Fitouts that Perform
Smart office fitouts don’t just attract attention—they reduce leasing friction. Landlords across Melbourne are increasingly pre-fitting spaces or offering generous fitout contributions to secure premium tenants.
Fitouts increase value when they:
- Reduce downtime between leases
- Shorten negotiation cycles
- Justify higher asking rents
- Improve the building’s perceived quality and grade
Tip: Consider fitouts with flexible layouts that appeal to a wider range of tenants (e.g. mix of open plan and private rooms).
3. Focus on End-of-Trip & ESG Credentials
Today’s tenants, especially in Melbourne’s competitive office market, expect more from their building. They want convenience, sustainability, and wellbeing.
Value-driving features:
- End-of-trip facilities (bike storage, lockers, showers)
- Green building certifications or sustainable refurbishments
- Energy-efficient lighting, HVAC, and water systems
Sustainability isn’t just a compliance issue—it’s a value-add. In fact, ESG-focused upgrades can increase property values by up to 7–10%, according to CBRE.
4. Improve Leasing Flexibility with Spec Suites
Short-term leases, plug-and-play suites, and spec fitouts give tenants faster, lower-friction entry into a space.
For landlords, that means:
- Reduced vacancy
- Increased interest in otherwise hard-to-lease floors
- Faster deal flow with SMEs and project-based tenants
Agero works with landlords to deliver spec suites that feel bespoke—without the timeline or cost of custom.
5. Use Make Good & Stripout Strategically
Vacant floors are often more of a liability than an asset when they feel dated, damaged or confusing to navigate. But a clean, white-boxed shell with base upgrades?
That’s a canvas tenants can envision themselves in.
Make good strategies that enhance value:
- De-risk base building compliance
- Optimise ceiling heights and lighting
- Upgrade finishes and services where ROI is clear
Our Sustainable Stripout initiative also helps you recycle or rehome existing materials—saving costs and supporting your ESG story.
Real Results: 60 Brougham Street, Geelong
This Agero-led repositioning for landlord Centuria involved a full floor government tenancy, façade upgrades, and tenant-sensitive works during COVID.
The result? A revitalised asset in a soft market—and a space that now competes with metro-grade buildings.
Value Isn’t Just About the Build – It’s About the Strategy
We help landlords make evidence-backed, ROI-positive improvements that align with leasing goals, not just aesthetics.
Because the most valuable spaces aren’t just upgraded—they’re optimised for the next tenant, the next valuation, and the next opportunity.
Want Help Maximising Your Asset’s Value?
Book a strategic fitout consultation and get tailored advice on increasing the value of your commercial property.
