Asset Depreciation
Manage depreciation calculations and track asset values
Total Assets
41
Acquisition Cost
$41415k
Book Value
$39295k
Annual Depreciation
$1585k
Accumulated
$2120k
Tower Two — Domestic Water Booster Pump Set
Acquisition Cost
$165,000
Book Value
$165,000
Useful Life
15 years
Annual Depreciation
$10,120
Acquired: 5/20/2028
Tower One — Main Switchboard & Substation Transformer
Acquisition Cost
$520,000
Book Value
$520,000
Useful Life
30 years
Annual Depreciation
$15,947
Acquired: 1/5/2027
Tower One — Basement Carpark Ventilation
Acquisition Cost
$620,000
Book Value
$620,000
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 2/5/2027
Retail & Dining Precinct — Grease and Kitchen Exhaust
Acquisition Cost
$620,000
Book Value
$620,000
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 2/1/2027
Golf Simulator & Arcade — AV and Projection Systems
Acquisition Cost
$2,400,000
Book Value
$2,400,000
Useful Life
40 years
Annual Depreciation
$55,200
Acquired: 4/1/2027
Tower One — Facade & Glazing System
Acquisition Cost
$2,400,000
Book Value
$2,400,000
Useful Life
40 years
Annual Depreciation
$55,200
Acquired: 5/1/2027
Tower One — Emergency Diesel Generator
Acquisition Cost
$340,000
Book Value
$340,000
Useful Life
20 years
Annual Depreciation
$15,640
Acquired: 1/20/2027
Tower Two — Fire Sprinkler & Hydrant System
Acquisition Cost
$780,000
Book Value
$780,000
Useful Life
25 years
Annual Depreciation
$28,704
Acquired: 5/15/2028
Pickleball Court — Surface & Lighting
Acquisition Cost
$2,400,000
Book Value
$2,400,000
Useful Life
40 years
Annual Depreciation
$55,200
Acquired: 4/1/2027
Tower One — Passenger Lift Bank (4 lifts)
Acquisition Cost
$1,650,000
Book Value
$1,650,000
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 1/15/2027
Tower One — Fire Sprinkler & Hydrant System
Acquisition Cost
$780,000
Book Value
$780,000
Useful Life
25 years
Annual Depreciation
$28,704
Acquired: 1/10/2027
Tower One — Domestic Water Booster Pump Set
Acquisition Cost
$165,000
Book Value
$165,000
Useful Life
15 years
Annual Depreciation
$10,120
Acquired: 1/18/2027
Tower Two — Passenger Lift Bank (4 lifts)
Acquisition Cost
$1,650,000
Book Value
$1,650,000
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 6/1/2028
Lagoon Pool — Filtration & Circulation Plant
Acquisition Cost
$420,000
Book Value
$420,000
Useful Life
12 years
Annual Depreciation
$32,200
Acquired: 3/1/2027
Lagoon Pool — Heat Pump Array (4 units)
Acquisition Cost
$620,000
Book Value
$620,000
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 3/1/2027
Spa & Sauna Plant — Heaters and Controls
Acquisition Cost
$180,000
Book Value
$180,000
Useful Life
12 years
Annual Depreciation
$13,800
Acquired: 3/1/2027
Towers Three & Four — Hotel Lift & Escalator Package (Planned)
Acquisition Cost
$1,650,000
Book Value
$1,650,000
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 6/1/2030
Ferry Road Showroom — HVAC & Essential Services
Acquisition Cost
$620,000
Book Value
$353,811
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 5/1/2019
Ferry Road Showroom — Fire & Emergency Systems
Acquisition Cost
$780,000
Book Value
$579,072
Useful Life
25 years
Annual Depreciation
$28,704
Acquired: 4/15/2019
Towers Three & Four — 5-Star Hotel Central Plant (Planned)
Acquisition Cost
$620,000
Book Value
$620,000
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 1/1/2030
Gymnasium & Pilates Studio — HVAC Package
Acquisition Cost
$620,000
Book Value
$620,000
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 3/1/2027
Athena Residences — Rooftop HVAC Plant
Acquisition Cost
$620,000
Book Value
$429,865
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 10/15/2021
Athena Residences — Pool & Recreation Plant
Acquisition Cost
$420,000
Book Value
$259,000
Useful Life
12 years
Annual Depreciation
$32,200
Acquired: 12/1/2021
Athena Residences — Carpark & Security Systems
Acquisition Cost
$280,000
Book Value
$215,600
Useful Life
20 years
Annual Depreciation
$12,880
Acquired: 11/20/2021
Orama — Riverfront Facade & Balustrades
Acquisition Cost
$2,400,000
Book Value
$2,400,000
Useful Life
40 years
Annual Depreciation
$55,200
Acquired: 11/1/2027
No.1 Grant Ave — Waterfront Pontoons & Marine Structures
Acquisition Cost
$2,400,000
Book Value
$2,344,800
Useful Life
40 years
Annual Depreciation
$55,200
Acquired: 6/1/2025
Orama — Passenger Lift (2 lifts)
Acquisition Cost
$1,650,000
Book Value
$1,650,000
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 9/1/2027
No.1 Grant Ave — Pool & Spa Plant
Acquisition Cost
$420,000
Book Value
$387,800
Useful Life
12 years
Annual Depreciation
$32,200
Acquired: 9/1/2025
35 Grant Ave — Fire Systems & Emergency Lighting
Acquisition Cost
$780,000
Book Value
$693,888
Useful Life
25 years
Annual Depreciation
$28,704
Acquired: 8/15/2023
Athena Quays — Passenger Lifts (2 lifts)
Acquisition Cost
$1,650,000
Book Value
$1,528,560
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 4/10/2024
Athena Quays — Basement Sump & Stormwater Pumps
Acquisition Cost
$165,000
Book Value
$144,760
Useful Life
15 years
Annual Depreciation
$10,120
Acquired: 3/15/2024
35 Grant Ave — Pool Plant & Water Features
Acquisition Cost
$420,000
Book Value
$323,400
Useful Life
12 years
Annual Depreciation
$32,200
Acquired: 10/1/2023
Experience Centre — Display Apartment HVAC & AV
Acquisition Cost
$620,000
Book Value
$581,973
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 6/1/2025
Orama — Rooftop Pool & Plant
Acquisition Cost
$420,000
Book Value
$420,000
Useful Life
12 years
Annual Depreciation
$32,200
Acquired: 10/1/2027
Athena Quays — Facade, Render & Waterproofing
Acquisition Cost
$2,400,000
Book Value
$2,289,600
Useful Life
40 years
Annual Depreciation
$55,200
Acquired: 6/1/2024
No.1 Grant Ave — Rooftop HVAC & Corridor Ventilation
Acquisition Cost
$620,000
Book Value
$581,973
Useful Life
15 years
Annual Depreciation
$38,027
Acquired: 8/1/2025
Athena Quays — Pool, Spa & BBQ Terrace Plant
Acquisition Cost
$420,000
Book Value
$355,600
Useful Life
12 years
Annual Depreciation
$32,200
Acquired: 5/1/2024
No.1 Grant Ave — Passenger Lift Bank (3 lifts)
Acquisition Cost
$1,650,000
Book Value
$1,589,280
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 8/15/2025
No.1 Grant Ave — Fire Indicator Panel & Sprinklers
Acquisition Cost
$780,000
Book Value
$751,296
Useful Life
25 years
Annual Depreciation
$28,704
Acquired: 7/20/2025
35 Grant Ave — Passenger Lift
Acquisition Cost
$1,650,000
Book Value
$1,467,840
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 9/1/2023
Athena Residences — Passenger Lifts (2 lifts)
Acquisition Cost
$1,650,000
Book Value
$1,346,400
Useful Life
25 years
Annual Depreciation
$60,720
Acquired: 11/1/2021