Net Floor Area Definition Australia

Sum of all areas between the vertical building components walls partitions i e.

Net floor area definition australia. The net floor area of a building or portion thereof not provided with surrounding exterior walls shall be the clear floor space under the horizontal pro jection of the roof or floor above. Total floor area of all floors of a building calculated with the external dimensions of the building including structures partitions corridors stairs. The parking bays vehicle circulation can be analysed on the number of cars to gross floor area to show the efficiency ratio e g. A term used in building codes to describe the actual occupied area of a floor not including accessory unoccupied areas stairs elevator hvac shafts mechanical rooms etc or the thickness of walls.

Define net floor area. 1 space to 28 sq m of gross floor space. The nfa of common property in our building is 40 of the gfa. Net floor area general generic term.

Gross floor area gfa in real estate is the total floor area inside the building envelope including the external walls and excluding the roof. In this definition residual value is similar to. To calculate tenancy areas for office tenants 13 refer to method of measurement published by the property council of australia. Definitions of gfa including which areas are to be counted towards it and which areas aren t vary around the world.

Where there is a split floor system the gba is calculated on the total gross floor plate area. For accurate benchmarking purposes nfa must be calculated using a consistent methodology. The net lettable area of a building is the sum of its whole floor lettable areas. The whole floor net lettable area is calculated by.

The floor area within the inside perimeter of the exterior walls of the building under consideration exclusive of vent shafts and courts without deduction for corridors stairways closets the. Means the clear floor space exclusive of fixed or built in cabinets or appliances included with the surrounding exterior walls or a building or portion thereof. Gross floor area reduced by the area for structural components. A fsr of 2 1 means that a floor area equal to twice the area of the site is allowable.

The net floor area nfa of the private units in a residential condo building is typically 60 of the gross floor area gfa. Net operating income noi.