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Thanks Shahin, will do. I understand it's not a straight forward process, and will more than likely employ a professional to project manage, though I want to arm myself with as much information as possible before engaging someone. I would also like to learn as much as possible regarding...

Thanks for the heads-up GreenMedallion, I obviously have a bit of DD to do.

Hi Doovalacky, Not sure how you come to these figures. If I sold both duplexes for a combined total of $1.46m, minus 465K (current mortgage) would roughly work out to be a million $. Less construction costs & professional fees, plus selling costs and any tax liabilities. What I would like...

Can anyone shed some light on the CGT question? If the Duplexes are made Torrens title, what are the tax implications of selling both assets, or holding onto one (would it remain PPOR) ?

Thanks Dave. These are the exact figures that I want to work out. Current mortgage 465K Proposed value of duplexes on completion in today's market is 730K each. Plenty of recent comparable sales in the area to support this valuation, for 4x3x1 double brick duplexes. Construction...

Hi Doovalacky, Thanks for the info, and referring me to your previous thread. Yes, there is a good chance I have asbestos in my current place, and I'm sure that would make demolition cost a lot more expensive.

Thanks for the reply mflying. Anyone have any ideas regarding demolishing and construction costs?

Hi All, Sorry about the long winded question, though I would like to find out as much details as possible about the following scenario; I have a PPOR which I would like to enquire about developing. I've been in this house for 5 years, and I know believe there would be value in knocking...