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You may be able to get away with it if the lease is already in place and you do not make any changes to it, like extend it for a few weeks. Read this case law here before you take the plunge. http://www.cartercapner.com.au/blog/tenancy-overstay-lands-incoming-owner-9k-stamp-duty-re-assessment/

You would probably pay a few thousand extra in Stamp Duty as well because it is being purchased with a tenant in situ and hence it is an investment.