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Curious to find out what the CGT implications are, if any, if you seek and gain planning approval to demolish your PPOR and build multiple townhouses in its place but after receiving approval you decide to sell the property with the planning permit without demolishing the existing dwelling.

Hi All, I have a small three townhouse development in Melbourne I am seeking some advice on how best to finance the construction component of the project. Some rough figures: 1/Purchase price on Land (without planning approval) $580K 2/Existing Loan on Land $465K (80% LVR) 3/Fixed...