Yes you can purchase a Commercial Property in your Self Managed Super Fund (SMSF).  As always there are quite a few complexities around Self Managed Super funds so we strongly encourage you speak to your Accountant or Financial Advisor to see if a SMSF will suit you and your requirements.

Our client had found a Commercial warehouse that they saw alot of potential in and had excellent rental returns. The property required abit of a tidy/refresh so they wanted to leave some funds aside to be able to do this – please note there are strict requirements around borrowing to improve or change a property in a SMSF.

They had previously set up their Self Manage Super Fund and were ready to go.  They wanted a flexible loan that allowed to to make extra repayments along with an Offset account.  We sourced a lender that had these features and a low variable rate.

They have settled on the property and are now in the process of doing the works required to bring the property up to its potential.

If you wish to purchase a property in your Self Managed Super Fund please Contact Us