QueenSQ 32 Queens Street CAMPBELLTOWN NSW 2560
7 September 2026 ALAND PO Box 9350 HARRIS PARK NSW 2150 32 Queens Street, CAMPBELLTOWN NSW 2560 - 992490 Dear Sir/Madam, Please find the attached BMT Tax Depreciation Estimates for the above property detailing the depreciation and associated tax allowances that may be available to the owner under the Income Tax Assessment Act 1997 (ITAA97). This document is intended to provide a guide to the potential depreciation and building allowances available from the purchase of the above residential property, facilitating the estimation of the after tax return on the investment over the first 10 full years of ownership. 1.0 Information The following information was used in the preparation of the schedules:
§
Written and verbal information provided by ALAND.
2.0 Depreciation Potential – Plant and Capital Allowance The purchaser of the property, intending to use it for income producing purposes, is entitled to depreciation including:
§ §
Division 40, Depreciation of Plant and Equipment; and Division 43, Capital Works Allowance (2.5% pa).
The depreciation of plant and equipment items is based on the diminishing value effective life rates as published by the commissioner of taxation (2022/1). In the scenario where plant and equipment items are not sold at an agreed value these items will be depreciated on the basis of a just attribution of the total expenditure (division 40 ITAA97). 3.0 Capital Work Allowance The special building write off allowance is based on the industry specific eligible dates. If the property qualifies for the special building write off, the applicable depreciation rate will be used. Where properties do not qualify for the special building write off allowance, no capital works allowance will be used. The allowance for capital works will be based on the historical cost of construction less nondepreciable items. 4.0 Estimate Calculation
BMTTax Depreciation QUANTITY SURVEYORS
This report is based on a just attribution of the total expenditure to estimate the allowances for plant. The estimates provided are based on the sale price as indicated, as the final purchase price at this time is not known. This estimate has been provided for the purpose of informing the investor of the depreciation potential. Different depreciation returns are available and are influenced by the purchase price of the property. Please note that the first year calculations are based on ownership over a full financial year. 5.0 Disclaimer This report has been based on very preliminary documentation, and the figures provided should be treated as a guide only. As documentation improves, BMT Tax Depreciation will be able to provide more accurate estimates of depreciation. 6.0 Conclusion As can be extracted from the attached tables, the units will obtain maximum depreciation potential within the first 5 years of ownership. BMT Tax Depreciation would be pleased to provide a complete detailed tax depreciation report on any of the units in the above property upon request. Our results suggest employing a specialist to maximise the various tax allowances has a significant effect on improving the after-tax return. Should you or the purchaser wish to discuss the contents of this report in more detail, please do not hesitate to contact Bradley Beer at the office. Yours Sincerely,
BMT Tax Depreciation Pty Ltd Quantity Surveyors
BMTTax Depreciation QUANTITY SURVEYORS
Appendix One BMT Tax Depreciation Estimate QueenSQ 32 Queens Street CAMPBELLTOWN NSW 2560
Estimate of Depreciation Claimable Typical 1 Bedroom Unit, QueenSQ 32 Queens Street, CAMPBELLTOWN NSW 2560 Comparison Yr 1-10 (Max & Min)
Maximum Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
7,920 4,153 3,344 2,723 2,234 1,845 1,536 1,288 1,080 917 5,981
9,260 9,260 9,260 9,260 9,260 9,260 9,260 9,260 9,260 9,260 277,779
17,180 13,412 12,604 11,982 11,494 11,105 10,795 10,548 10,340 10,177 283,759
Total
$33,020
$370,377
$403,396
$18,000 $16,200
Minimum
$14,400 $12,600 $10,800 $9,000 $7,200 $5,400 $3,600 $1,800 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
Cumulative Yr 1-10 (Min & Max)
Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
6,480 3,398 2,736 2,228 1,828 1,509 1,256 1,054 884 751 4,893
7,576 7,576 7,576 7,576 7,576 7,576 7,576 7,576 7,576 7,576 227,273
14,056 10,974 10,312 9,804 9,404 9,086 8,833 8,630 8,460 8,327 232,167
Total
$27,016
$303,035
$330,052
$120,000 $108,000 $96,000 $84,000 $72,000 $60,000 $48,000 $36,000 $24,000 $12,000 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
* assumes settlement on 1 July in any given year. This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production.
This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 02 8265 5500
Estimate of Depreciation Claimable Typical 2 Bedroom Unit, QueenSQ 32 Queens Street, CAMPBELLTOWN NSW 2560 Comparison Yr 1-10 (Max & Min)
Maximum Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
9,539 4,993 4,003 3,249 2,661 2,199 1,833 1,541 1,297 1,101 7,393
12,606 12,606 12,606 12,606 12,606 12,606 12,606 12,606 12,606 12,606 378,147
22,145 17,599 16,609 15,855 15,267 14,805 14,439 14,147 13,903 13,707 385,540
Total
$39,809
$504,207
$544,016
$23,000 $20,700
Minimum
$18,400 $16,100 $13,800 $11,500 $9,200 $6,900 $4,600 $2,300 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
Cumulative Yr 1-10 (Min & Max)
Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
7,805 4,085 3,275 2,659 2,177 1,799 1,499 1,261 1,061 901 6,049
10,314 10,314 10,314 10,314 10,314 10,314 10,314 10,314 10,314 10,314 309,393
18,119 14,399 13,589 12,973 12,491 12,113 11,813 11,575 11,375 11,215 315,442
Total
$32,571
$412,533
$445,104
$159,000 $143,100 $127,200 $111,300 $95,400 $79,500 $63,600 $47,700 $31,800 $15,900 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
* assumes settlement on 1 July in any given year. This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production.
This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 02 8265 5500
Estimate of Depreciation Claimable Typical 2 Bedroom + MPR Unit, QueenSQ 32 Queens Street, CAMPBELLTOWN NSW 2560 Comparison Yr 1-10 (Max & Min)
Maximum Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
9,595 5,004 4,011 3,254 2,668 2,210 1,845 1,548 1,307 1,111 7,505
14,086 14,086 14,086 14,086 14,086 14,086 14,086 14,086 14,086 14,086 422,549
23,681 19,089 18,096 17,339 16,753 16,295 15,930 15,633 15,392 15,197 430,054
Total
$40,057
$563,404
$603,460
$24,000 $21,600
Minimum
$19,200 $16,800 $14,400 $12,000 $9,600 $7,200 $4,800 $2,400 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
Cumulative Yr 1-10 (Min & Max)
Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
7,851 4,094 3,281 2,662 2,183 1,808 1,509 1,266 1,069 909 6,141
11,525 11,525 11,525 11,525 11,525 11,525 11,525 11,525 11,525 11,525 345,722
19,375 15,619 14,806 14,187 13,707 13,333 13,034 12,791 12,594 12,434 351,862
Total
$32,774
$460,967
$493,740
$174,000 $156,600 $139,200 $121,800 $104,400 $87,000 $69,600 $52,200 $34,800 $17,400 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
* assumes settlement on 1 July in any given year. This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production.
This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 02 8265 5500
Estimate of Depreciation Claimable Typical 3 Bedroom Unit, QueenSQ 32 Queens Street, CAMPBELLTOWN NSW 2560 Comparison Yr 1-10 (Max & Min)
Maximum Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
10,041 6,020 4,797 3,879 3,177 2,627 2,190 1,839 1,557 1,320 8,943
16,889 16,889 16,889 16,889 16,889 16,889 16,889 16,889 16,889 16,889 506,673
26,930 22,910 21,687 20,768 20,066 19,516 19,080 18,729 18,446 18,209 515,616
Total
$46,389
$675,567
$721,956
$27,000 $24,300
Minimum
$21,600 $18,900 $16,200 $13,500 $10,800 $8,100 $5,400 $2,700 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
Cumulative Yr 1-10 (Min & Max)
Year
Plant & Equipment
Division 43
Total
1 2 3 4 5 6 7 8 9 10 11 +
8,215 4,926 3,925 3,173 2,599 2,149 1,792 1,505 1,274 1,080 7,317
13,819 13,819 13,819 13,819 13,819 13,819 13,819 13,819 13,819 13,819 414,551
22,034 18,744 17,744 16,992 16,418 15,968 15,611 15,323 15,092 14,899 421,868
Total
$37,955
$552,737
$590,692
$207,000 $186,300 $165,600 $144,900 $124,200 $103,500 $82,800 $62,100 $41,400 $20,700 $0
1
2
3
4
Maximum
5 6 Years
7
8
9
10
Minimum
* assumes settlement on 1 July in any given year. This is an estimate only and should not be applied or acted upon. Depreciation of plant is based on the Diminishing Value method of depreciation applying Low-Value Pooling. The Division 43 Write Off Allowance is calculated using 2.5% depending on the property type and date of construction. This estimate is based upon legislation in force at the date of report production.
This Estimate Cannot Be Used For Taxation Purposes To discuss the contents of this report please contact Bradley Beer at BMT Tax Depreciation on 02 8265 5500