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there is going to heaps of CGT!! 7 years.

yeah but i wouldn't be paying cash that's just me. for a 196K build - even if you did 50% cash that's pretty big. just make sure they give you plumbing certificates, electrical certificates etc as you will need them to get signed off. As for your builder mate - i hope he signs off on it as...

u going to be using a builder or attempting this yourself?