Thanks for the replies guys and yes, a lot to think about. The financial planner has provided some additional advice/information that I have not included in here (which in hindsight, probably should have). So in terms of ‘New Build’ my termonology may not be exactly correct – I was referring to properties within say a 0 – 3 years old age bracket (not building from scratch) – their information was in relation to being able to ‘claim’ the depreciation on the property for longer.

Re the retirement part – I would be saying closer to the 20 year mark. But I do have a lot more thinking required to understand exactly what I am ‘working towards’. As, at the moment, I am just trying to use the money/equity my father has left me in the best possible way.

Thanks for the help thus far guys – any additional info would be greatly appreciated :)