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.
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.
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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.