I wanted to see if i can glean any info out of any property experts out there regarding fees on the sale of a new house built on my soon to be sub divided land.
My existing home will remain as is whilst the block will be subdivided and a 4by2 new build will be built at the rear.
This new build will be sold on completion for app $550k,i am unsure if i will be up for stamp duty payable by me on the sale price and if so how much?
Another unknown is wether i have to pay GST on the sale,and if so can i claim this GST back as a GST registered share trader.
These are important need to knows on my feasability studies and any inputs will be greatly appreciated.