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Sorry for the late reply Gools. The GST implication, in an absolute 'worst-case-scenario' I would imagine to be that the sale price of the new block, at $300K, would be GST inclusive - so $27K. But there is so much fat in the deal it is still very profitable. However, I would defer the the...

We just did this exercise for a client, and it proved to be a whole lot more difficult (work for us) than even I had anticipated. It took about 4 months work on and off. Firstly, I would say to you that you need to be looking in an already high demand area. There is no use sub-dividing...