Use Your Super to Buy Property

Written on the 14 March 2011 by G. Dean McKinnon

Recent developments in the Self Managed Super Fund (SMSF) regulations effectively allow a SMSF to borrow for the purchase of a residential or commercial investment property.

For small business owners, it is now possible to use your super as a deposit on your own commercial premises and borrow the rest. If you retire at age 60, any income you receive from the property will be tax-free.

If you have always wanted to retire on the coast, you can use your super to buy the property now and then move into it when you retire.

One of the key advantages of this type of strategy is that no capital gains tax will be payable after you have reached age 60.

Contact us now for a free assessment.


Author: G. Dean McKinnon
McKinnon Financial Planning Pty Ltd ABN 74 155 233 784 Australian Financial Services Licence 417488 | McKinnon Financial Services Pty Ltd ABN 82 056 817 648 Australian Credit Licence 392173 | General Advice Warning: Information contained in the pages of this website is of a general nature only and has not taken into account your particular circumstances. You should consider whether any strategies and or investments mentioned in this website are suitable for you and seek personal advice from a licenced investment adviser before making any investment decision.
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