Construction timing
Original premises recorded as circa April 2021, with rental availability from 30 November 2024.
Tax depreciation case study
Footscray VIC commercial fitout and mixed-use: $482,642 in deductions identified
A Footscray VIC commercial fitout and mixed-use investment property produced $482,642 in identified depreciation deductions, with a first full-year claim of $16,268.
Total deductions identified
$482,642
First full-year claim
$16,268
First-year pro-rata claim
$11,589
Adjusted Division 43 base
$484,501
Property snapshot
Commercial fitout and mixed-use investment property
The property presents as a Footscray commercial or mixed-use asset where the report considered fitout and capital works treatment rather than relying only on headline building age.
The report records the original premises as circa April 2021, with rental availability from 30 November 2024. The opening year was calculated on a 213-day pro-rata basis.
Plain-English value summary
BWK Group identified $482,642 in total depreciation deductions for this Footscray investment property. The first-year pro-rata claim was $11,589, then increased to $16,268 in the first full financial year. The report documents the capital works basis, affected Division 40 treatment and opening claim period so the result can be reviewed more easily with an accountant.
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.
| 2024-2025 | $11,589 |
|---|---|
| 2025-2026 | $16,268 |
| 2026-2027 | $15,687 |
| 2027-2028 | $14,515 |
| 2028-2029 | $14,078 |
| 2029-2030 | $13,840 |
| 2030-2031 | $13,334 |
| 2031-2032 | $13,193 |
| 2032-2033 | $12,865 |
| 2033-2034 | $12,653 |
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 | $458,351 |
|---|---|
| Estimated Division 40 benefit | $24,291 |
| Original capital works cost | $231,312 |
| Less affected Division 40 items | $20,108 |
| Adjusted Division 43 base | $484,501 |
| First-year pro-rata period | 213 days |
| First full financial year claim | $16,268 |
Report detail extracted
What made this report unique
These details show the report-specific review behind the headline figures, including the capital works basis, adjustment items and property history considered in the schedule.
Building / structural improvements
Page 16 recorded a full commercial business fit-out as a separate capital works item, with affected Division 40 items removed from the adjusted base.
Adjusted Division 43 base
$484,501 after affected Division 40 items were considered for the public summary.
Part-year claim context
The first year was calculated on a 213-day pro-rata basis, so the first full-year claim is the cleaner comparison point.
Specific works captured
The fit-out was treated separately from the underlying building works, giving the depreciation outcome a clearer commercial basis.
Why BWK Group
The report helps the owner compare the headline deduction value with the fit-out and capital works basis behind it.
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.