Super Fund Assets

Jorja Gardens

Jorja Gardens is located in Nollamara WA, only 8.0 kilometres north west of the Perth Central Business District. Affordably priced to suit the local market Jorja Gardens represent a quality property opportunity. These well thought out contemporary designed hmes are exceptionally styled and fin ...more

SMSF Property Loans

As a result of recent legislative amendments, SMFS's can now borrow to fund the acquisition of a limited class of investment assets, including real estate property. These properties can be established or 'off the plan' purchases.

SFA has developed a strategy to enable SMSF's to take advantage of these new laws with a view to investing in real property.

SFA's loan strategy is extremely competitive in all these key areas and offers a packaged solution that delivers pre-approved legal documentation and funding to qualifying SMSF members.

In this way SMSF's can undertake moderate gearing strategies to acquire direct property into their portfolio of assets. This is a relatively simple way to invest in property, and gearing is a strategy that is not uncommon amongst investors outside private superannuation.

SFA has worked very closely with leading superannuation fund administrators, accounting firms, mortgage brokers and financial planners to design an investment strategy that addresses the needs and concerns of many SMSF members, some of which include:

  1. Control
  2. Independence
  3. Choice
  4. Cost

The steps to acquire a property through a SMSF using a SMSF property loan are very similar to a standard residential loan application with a few additional steps.

Step 1. The members of the SMSF discuss the investment strategy with their financial adviser/accountant.

Step 2. With the assistance of the financial adviser/accountant and/or mortgage adviser a loan submission is taken.

Step 3. With the assistance of the financial adviser/accountant or SMSF administrator the members establish a specific property trust. (This trust will be the legal title holder of the investment property).

Step 4. A suitable property is located and the loan provider is advised so that an independent valuation can be undertaken.

Step 5. The loan provider issues a final approval which allows the Trustee to enter into a contract for sale, plus using a Deposit Bond.

Step 6. Lender's solicitors are instructed to prepare the loan agreement and other mortgage documents.

Step 7. Settlement of property occurs after all the legal paperwork is signed and returned.