By Michaela Schmidt -
Snapshot
- Always check the zoning details on the contract.
- If land is not zoned rural land, there are additional ‘commercial’ tests to determine whether the dominant use is primary production.
- Just because the previous owner had a land tax exemption doesn’t mean you will.
As a young boy, Bob always had a fascination with bees. After finishing school, he went on to study at Sydney University and obtained a degree in biological science with the aim of pursuing his passion and starting his own beekeeping business one day. However, life’s events took him elsewhere after getting married and having kids straight out of university. 40 years later, Bob’s wife has since died and he’s recently retired from a successful career in the IT world.