I was just offering it as one example of ways we can increase the number of persons per square metre.
I assume your friend has tenants in the Malvern house. As long as he doesn't own any other primary place of residence that Malvern place will be Capital Gains Tax free for the first 6 years he holds it.
This benefit is in addition to the negative gearing and depreciation he will be deducting from his 6 figure salary.
Within those 6 years he will make a small fortune. Looks to me like your friend is a smart cookie.
Next you have dinner with him, he can buy the salad.
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I was just offering it as one example of ways we can increase...
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