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.
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.
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.
Unlock the full example
See the detailed depreciation breakdown
The public case study above shows the property type, headline result and report-specific review notes. Leave your details to view the graph, first 10-year deduction extract and accountant-ready figures for this guide-only example.
Guide only. These figures are examples from a completed report and are not tax advice or a prediction of your result.
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.