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Thanks Paul :) It is NSW. One is land only, the other is an operating property (WIWO).

So I have an "old" hybrid trust (ala Dale GG and Chris Batten style). It was created in 2004 and not "used" much since then, other than paying accountants and ASIC fees. The original intent of it's setup changed so was never used to acquire property. If I were to start using it now (to purchase...