Commercial Property · Koste Knowledge Base
Can I Claim Depreciation on a Mixed-Use Building?
Quick Answer
Yes, you can claim depreciation on a mixed-use building in Australia. Depreciation applies to both commercial and residential parts under Divisions 40 and 43 of the ITAA 1997. Division 40 covers plant and equipment, while Division 43 covers capital works. Ensure you apportion correctly between uses to maximise your claims.
depreciationmixed-use propertyDivision 40Division 43commercial property
Written by Koste Team · Koste Chartered Quantity Surveyors · AIQS Member · RICS Member · TPB Registered · 1300 669 400 · info@koste.ai