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Thank you for your question.
Capital gains tax applies to most assets you buy and then sell. It doesn't matter whether it was a business asset or not.
There are certain exemptions, such as where a property is your home, but if you don't qualify for that exemption because you never lived in the property then unfortunately you will be liable for capital gains tax.
The exemption is set out here in the Income Tax Assessment Act, but as you will see it only applies if you lived in the property throughout:
Here is the ATO guide on the issue:
I trust the above assists your understanding.
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