Hi,
A person disposes of residential property where:
- the land consisted or included a dwelling
- the interest in land subsisted for the benefit of land that consisted or included a dwelling
- the interest in land subsists under a contract for the acquisition of land where a building is to be constructed or adapted for use as a dwelling.
If these do not apply, the land is non residential and would be entered in the 'other assets' section of the Capital Gains section of the SA return.
Capital Gains Manual CG73550 - Residential Property gains
Thank you.