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thanks guys for your helpful information. it sounds like it's more trouble than it's worth... i might just stick to single-use commercial or single-use residential for this purchase :)

I live in Melbourne and i am interested in buying a CIP. The one i am looking at is zoned 'Business Zone 1'. It has a shopfront and an attached 2 bedroom residential property at the back. My question is if i decide to buy it can i legally rent out the residential property at the back...