Original capital works
Circa 2006 original capital works cost recorded at $421,474.
Tax depreciation case study
Docklands VIC high-rise apartment: $379,311 in deductions identified
A high-rise Docklands apartment produced a clear capital works depreciation profile, giving apartment and strata owners a relevant inner-city comparison point.
Total deductions identified
$379,311
First full-year claim
$10,237
First-year pro-rata claim
$561
Adjusted Division 43 base
$409,460
Property snapshot
High-rise strata apartment investment property
The property forms part of a high-rise apartment tower with curved balcony lines, dense inner-city surroundings and a strata-style building profile.
The report records the property as completed circa March 2006 and available for rent from 11 June 2008. The opening year was calculated on a 20-day pro-rata basis.
Plain-English value summary
BWK Group identified $379,311 in total depreciation deductions for this Docklands apartment. The opening pro-rata claim was $561 due to the short first-year period, then increased to $10,237 in the first full financial year. The result came from Division 43 capital works deductions.
Claim forecast
First 10 years of deductions
Tax depreciation schedules can typically be prepared to cover up to 40 years of deductions. This public page shows the first 10 years as an extract only, with the full schedule available in the property-specific report.
| 2007-2008 | $561 |
|---|---|
| 2008-2009 | $10,237 |
| 2009-2010 | $10,237 |
| 2010-2011 | $10,237 |
| 2011-2012 | $10,237 |
| 2012-2013 | $10,237 |
| 2013-2014 | $10,237 |
| 2014-2015 | $10,237 |
| 2015-2016 | $10,237 |
| 2016-2017 | $10,237 |
For accountants
Review-ready depreciation figures
This summary is designed to show the main calculation basis without overwhelming the reader with every schedule line.
| Division 43 capital works deductions | $379,311 |
|---|---|
| Estimated Division 40 benefit | Not separately shown |
| Original capital works cost | $421,474 |
| Less affected Division 40 items | $12,013 |
| Adjusted Division 43 base | $409,460 |
| First-year pro-rata period | 20 days |
| First full financial year claim | $10,237 |
Report detail extracted
What made this report unique
These details are drawn from the completed tax depreciation report to show the level of review behind the headline figures, while keeping client names, exact street addresses and identifying details removed.
Affected Division 40 items
$12,013 was removed from the capital works base, leaving an adjusted Division 43 base of $409,460.
Occupancy context
Preoccupied apartment, so the report considered second-hand residential plant restrictions.
Apartment relevance
The case gives high-rise apartment investors a more relevant comparison than a detached house example.
Short first year
The opening claim was very low because the first year was calculated on only 20 days.
Why BWK Group
The report gives the owner a clear building write-off schedule even for an established strata asset.
Privacy note
This case study is based on a completed BWK Group depreciation report. Client names, exact street addresses and identifying details have been removed. Figures are drawn from the completed report and rounded only where stated.
Guide only
This case study is provided as a guide only and is not tax, financial or investment advice. Depreciation outcomes vary by property, ownership structure, construction history, rental availability, legislation and information supplied. Review any figures with your accountant.