Original capital works
Circa 2023 original capital works cost recorded at $658,881.
Tax depreciation case study
Melbourne VIC commercial office: $621,513 in deductions identified
A CBD commercial office premises delivered a detailed depreciation result with a large Division 40 component, including air handling units, commercial carpet, detectors, extinguishers and window blinds.
Total deductions identified
$621,513
First full-year claim
$40,373
First-year pro-rata claim
$10,163
Adjusted Division 43 base
$419,186
Property snapshot
CBD commercial office investment property
The property presents as a commercial office asset within a multi-level CBD tower, with glazed facade elements and a high-rise business district setting.
The report records the premises as completed circa April 2023 and available for lease from 4 April 2023. The first year was calculated on an 88-day pro-rata basis.
Plain-English value summary
BWK Group identified $621,513 in total depreciation deductions for this Melbourne commercial office. The opening pro-rata claim was $10,163, then increased to $40,373 in the first full financial year. This example is notable because the Division 40 benefit was material as well as the Division 43 base.
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.
| 2022-2023 | $10,163 |
|---|---|
| 2023-2024 | $40,373 |
| 2024-2025 | $35,604 |
| 2025-2026 | $32,133 |
| 2026-2027 | $29,066 |
| 2027-2028 | $26,419 |
| 2028-2029 | $24,336 |
| 2029-2030 | $22,590 |
| 2030-2031 | $20,117 |
| 2031-2032 | $19,025 |
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 | $411,233 |
|---|---|
| Estimated Division 40 benefit | $210,280 |
| Original capital works cost | $658,881 |
| Less affected Division 40 items | $239,696 |
| Adjusted Division 43 base | $419,186 |
| First-year pro-rata period | 88 days |
| First full financial year claim | $40,373 |
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.
Commercial plant detail
The report identified material Division 40 items, including air handling units, commercial carpet, detectors, extinguishers, window blinds and fan coil units.
Affected Division 40 items
$239,696 was separated from the capital works basis, leaving an adjusted Division 43 base of $419,186.
Commercial fit-out detail
This page demonstrates the benefit of a report that captures plant-rich commercial office items, not only building shell costs.
Balanced claim profile
The first full-year claim is higher because Division 40 and Division 43 deductions both contribute meaningfully.
Why BWK Group
Commercial owners and accountants get a more useful schedule when plant items, fit-out and capital works are separated clearly.
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.