PPOR Subdivision question

Its probably been done to death, but I would appreciate some input on the following....

I have a PPOR subdividable block on which I want to;

a) build a house at the back, then
b) live in it, while I demolish the other one and build a new one on the front
c) sell the back one, paying no CGT and move into the front one....
d) possibly sell the front one and pay no CGT.

Can it be done? Thanks in advance to all replies. :)
 
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