Commercial Property Tax Depreciation Schedules Melbourne

Commercial property depreciation represents one of the most significantly underutilized tax deductions available to Australian business owners and property investors. Without a professional commercial depreciation schedule, you could be missing out on hundreds of thousands of dollars in legitimate tax deductions over your property ownership period.

At Costin Quantity Surveyors, we specialize in preparing comprehensive, ATO-compliant commercial tax depreciation schedules for office buildings, retail spaces, warehouses, industrial facilities, and specialized commercial properties throughout Melbourne and across Australia.

Why Commercial Depreciation is Critical?

Substantially Higher Deduction Values

Commercial properties typically offer significantly larger depreciation deductions than residential properties due to:

Higher Construction Costs: Commercial buildings involve more complex construction, expensive materials, and specialized building systems, resulting in higher depreciable values.

Extensive Fit-Out Components: Commercial fit-outs include partitioning, specialized flooring, custom joinery, commercial-grade fixtures, and tenant improvements that depreciate independently.

Valuable Plant & Equipment: Commercial properties contain substantial plant and equipment including HVAC systems, lifts, commercial kitchens, specialized lighting, security systems, and industry-specific equipment.

Multiple Depreciation Opportunities: Unlike residential properties, commercial buildings offer depreciation on:

Typical Commercial Depreciation Values

These substantial deductions dramatically improve cash flow and investment returns for commercial property owners.

What's Claimable in Commercial Properties

Division 43 – Commercial Capital Works

Commercial building structures and permanent improvements depreciate at 2.5% (construction after 1987) or 4% (for some industrial buildings):

Commercial tenants can claim depreciation on fit-out works they’ve funded, including:

Division 40 – Commercial Plant & Equipment

Commercial properties contain extensive plant and equipment assets depreciating at various rates:

Our Commercial Depreciation Process

Discuss your commercial property with our team. We’ll explain depreciation opportunities specific to your property type and provide a custom fee proposal.

We’ll review:

  • Building plans and specifications
  • Fit-out documentation and contracts
  • Previous depreciation schedules (if existing)
  • Purchase contracts and vendor information
  • Building management information

Our quantity surveyors conduct thorough examine:

  • Base building assessment
  • Fit-out and improvement documentation
  • Plant and equipment identification
  • Construction method analysis
  • Professional construction cost estimation
  • Asset valuation and effective life determination
  • Division 43 and Division 40 calculations
  • Multiple depreciation method analysis
  • Accelerated depreciation strategy recommendations
  • 40-year forecast preparation
  • Detailed commercial depreciation schedule
  • Executive summary and recommendations
  • Accountant liaison and consultation
  • Ongoing advice and updates
  • Future renovation planning support

Why Choose Costin for Commercial Depreciation

Specialized Commercial Expertise

Our team has extensive experience with:

This expertise ensures accurate valuations and maximum legitimate deductions.

Detailed Transaction Due Diligence

For commercial property purchases, we provide:

Industry-Specific Knowledge

We understand the unique depreciation considerations for:

Bank & Valuer Coordination

Our commercial schedules are
recognized by:

We can coordinate with your financial advisors to ensure depreciation benefits are incorporated into investment analysis.

Common Questions Answered

We understand you may have a few questions before getting started, and we’re here to help! In this section, we’ve gathered answers to the most frequently asked questions about our services, processes, and policies. Whether you’re curious about pricing, timelines, or specific requirements, you’ll find all the key details here — making it easier for you to make informed decisions with confidence.

A commercial depreciation schedule is a detailed report that outlines the tax deductions available for the wear and tear of your commercial building, fit-outs, and equipment—helping you maximize your annual tax savings.

It allows business owners and investors to claim substantial tax deductions, improve cash flow, and enhance overall investment returns—often adding up to hundreds of thousands over time.

Depreciation applies to all types including offices, retail spaces, warehouses, industrial facilities, medical centers, hospitality venues, and specialized commercial buildings.

Our registered quantity surveyors prepare ATO-compliant, audit-ready reports that identify every eligible deduction—ensuring accuracy, compliance, and maximum returns.

Maximize Your Commercial Property Returns

Commercial property depreciation delivers substantial tax savings that dramatically improve investment returns and business cash flow. Don’t miss out on hundreds of thousands in legitimate deductions.

Ready to discover your commercial property's depreciation potential?

Contact Costin Quantity Surveyors today for a free, no-obligation assessment and custom quote for your Melbourne commercial property.

Related Services

Tax Depreciation Schedule for Residential Properties

Helping investors to claim maximum depreciation deduction. We will find the best way to save you dollars specific to your individual property or investment needs.

Tax Depreciation Schedule for Business

You are paying too much tax if you are not capitalising on the Tax Depreciation advantages. Our maximum deduction report is details, comprehensive and ATO compliant.

Depreciation Quote Form

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