I can’t remember which of the management theorists (Maslow, Hertzberg….) who came up with the ‘hierarchy of needs’ ie food, shelter, security, etc.

That’s as much as I’ll give away.

As i’ve said elsewhere, I know people who are willing to pay over $2k/wk but still can’t find a place.

Two ends of the market from my parts – a 10 yr old unit in pristine condition recently bought by an acquaintance was sold by a foreign investor who didn't live in it or rent it out. Another few bods I know cannot find a high end rental even though their budget is around $2k/wk (obviously location is a major factor here).

Go figure!

You could still buy it however not within your SMSF.

if the ownership of the property & business are in the same entity eg your name, Then you should be able to claim the gst inputs & offset it against the gst inclusive sale price.

Stamp duty is dependent upon the size of the purchase ie sliding scale – you may need to check with your accountant if you can get exemptions for primary producers, registration for gst, correct structures for purchase etc.

Talk to your lawyer/conveyancer as to the legal costs.

do you mean primavera, ms project etc?

It would be a new property as it would have title details different to that of the original block. You would have submitted a plan of subdivision etc to create a new (smaller) parcel of land.

As for gst – isn't there some obligation/compulsion to be registered if turnover is >$75k? Otherwise you would not be able to claim back any of the gst paid on your inputs (eg subcontractors for drainage works, driveways, planners etc).

Nsw/act are deregulated, agents charge as much as they can get away with, it varies dependent upon your market. There is no scale.

Fully licensed Agents can work commission only or work on a ‘ledger’ ie get paid a retainer but this is deducted from any commissions earned.

NSW has the info online as well, including the lease & inspection/condition report.

AFAIK it is not insurable in Australia.