Tax Depreciation Schedules for Commercial Properties
Warehouses • Factories • Offices • Plus All Income-Producing Assets
If you own or operate a commercial property, a professionally prepared tax depreciation schedule can significantly reduce your taxable income and improve cash flow. Whether you’re an investor, business owner, developer, or advisor, understanding your eligible deductions is essential to maximising returns and maintaining compliance.
We specialise in preparing detailed, accountant-ready depreciation schedules for commercial assets across Melbourne and throughout Australia.
Why Commercial Property Depreciation Matters
Commercial buildings typically deliver larger and more complex deductions than residential properties. These may include:
Structural building write-off (capital works)
Plant and equipment assets
Specialist installations
Fit-out and tenant improvements
Electrical, hydraulic, and mechanical systems
A professionally prepared report ensures every eligible component is identified and correctly categorised in accordance with legislation recognised by the Australian Taxation Office.
Commercial Properties We Cover
While many clients come to us for warehouses, factories, and offices, we prepare depreciation schedules for a wide range of commercial property types:
Warehouses and distribution centres
Factories and industrial facilities
Office buildings and strata offices
Retail shops and shopping centres
Cafés, restaurants, and hospitality venues
Caravan parks and accommodation assets
Agricultural and rural income-producing properties
Mixed-use developments
This breadth allows us to tailor reports to different construction methods, asset mixes, and industry-specific installations.
Depreciation for Business Owners & Fit-Outs
If you run your business from your premises, you may also be eligible to claim depreciation on commercial fit-outs and internal assets, even if you didn’t construct them yourself.
Fit-out depreciation may include:
Joinery and counters
Flooring and wall finishes
Lighting systems
Air conditioning units
Security systems
Plumbing installations
Built-in cabinetry
For many business owners, these deductions represent substantial annual tax savings that would otherwise be missed without a specialist report.
What Makes Commercial Reports Different
Commercial schedules require deeper technical analysis than residential reports because of:
Larger asset volumes
More complex services infrastructure
Industry-specific equipment
Multiple construction stages
Manufacturing buildings rate at 4%
Historical capital works
Our methodology involves detailed cost estimation, asset classification, and effective life assessment to ensure accuracy and compliance.
"For a detailed breakdown of what's included in an ATO-compliant report, visit our tax depreciation schedule cost guide."
Benefits of a Professional Schedule
A specialist commercial depreciation report can help you:
Maximise legitimate deductions
Improve annual cash flow
Reduce accountant preparation time
Support audit-ready records
Capture missed historical claims
Many clients find the fee is outweighed by the first year’s tax savings alone.
Designed for Investors, Advisors & Businesses
We regularly prepare schedules for:
Commercial property investors
Owner-operators
Accountants and financial advisors
Mortgage brokers
Property managers
Developers
Each report is prepared to suit both taxation reporting requirements and long-term financial planning.
Simple process
Request a quote — tell us property type and address.
We assess & confirm fee — fixed price, clear scope.
Inspection (if required) — we schedule promptly.
Report prepared and delivered promptly.
You claim deductions with your accountant — every year.
Frequently Asked Questions
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In most cases, yes. Commercial properties often generate significantly higher depreciation deductions than residential properties, particularly due to plant and equipment claims. Many owners find that the first year’s deductions alone exceed the cost of the report.
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In many cases, yes. Commercial properties may be eligible for capital works deductions at 4% per year under Division 43, depending on when construction commenced.
Generally, buildings constructed after 27 February 1992 may qualify for 2.5%, while some later commercial constructions may qualify for the higher 4% rate, subject to ATO eligibility criteria (generally traveller accommodation and manufacturing. We assess each property individually to determine the correct rate.
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Yes — unlike residential properties, commercial property owners can typically claim depreciation on both new and second-hand plant and equipment assets under Division 40.
This can include items such as:
Air conditioning systems
Lighting and electrical assets
Floor coverings
Security and fire systems
This is one of the key advantages of commercial investment properties.
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Yes. Even older commercial properties may still be eligible for capital works deductions, particularly if:
The building was constructed after the relevant eligibility dates
Renovations or improvements have been carried out
In addition, plant and equipment assets may still provide substantial deductions depending on their condition and effective life.
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Where construction costs are unknown, the ATO recognises qualified Quantity Surveyors as appropriately skilled to estimate these costs for depreciation purposes.
A professionally prepared schedule ensures:
Accurate cost allocation
Maximum eligible deductions
Compliance with ATO requirements
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Yes. A tax depreciation schedule is typically prepared once and can be used by your accountant each year over the life of the property.
Updates may only be required if:
Significant renovations or improvements are made
New assets are installed
Ownership structure changes
Get started today.
Request a fixed quote today and see exactly what your depreciation schedule will cost.