SMSF Property

Buying property with your super is easy with Grow’s SMSF property solutions.

Many lower cost SMSF providers like esuperfund force you to code and classify all SMSF property transactions. They’re effectively outsourcing the SMSF accounting work back to you.

You can set up an SMSF with Grow with individual trustees or a company trustee, however if you’re buying SMSF property you should always have a company trustee.

An SMSF is the only way you can buy an investment property using your super.  You can borrow to buy property with your super using a limited-recourse borrowing arrangement (LRBA).

Buy property
with super

SMSF property solutions for investors.
Buy property with super
Invest your super in property with or without borrowings.
Professional support
Access professional support from qualified Chartered Accountants and SMSF Specialists.
Cost effective fees
Running an SMSF doesn’t need to be expensive.

Grow your super with our
SMSF property solutions

New SMSF setup
We can set up your SMSF quickly and easily. Entirely online with no physical paperwork.
Easy SMSF transfer
We can transfer your existing SMSF to our solution at no cost.
We handle the paperwork
We handle all the SMSF paperwork including tax returns, accounts, audit, trustee minutes and cost-base tracking.

SMSF property fixed fee packages

$2220/yr
Property Starter
  • Residential or commercial property*
  • With or without borrowings
  • Macquarie CMA bank account
  • Super accumulation accounts
  • Annual SMSF accounts & tax return
  • Includes independent audit
  • Phone & email support
  • Paperless online & e-signatures
$2520/yr
Property Flexi
  • Residential or commercial property*
  • ASX + US shares & ETFs
  • Crypto enabled
  • Macquarie CMA bank account
  • Super accumulation accounts
  • Pension accounts supported (+$30/m)
  • Annual SMSF accounts & tax return
  • Includes independent audit
  • Dedicated account manager
  • Phone & email support
  • Paperless online & e-signatures
$POA
Grow Bespoke
  • All banks, brokers & wrap accounts
  • Property investment supported
  • Precious metals supported
  • All other asset types supported
  • Super accumulation accounts
  • Pension accounts supported
  • Annual SMSF accounts & tax return
  • Includes independent audit
  • Dedicated account manager
  • Phone & email support
  • Paperless online & e-signatures

SMSF property packages do not include the ATO SMSF supervisory levy ($259) or ASIC annual review fee for SMSF trustee companies ($59) and bare trust trustee companies ($276). * Includes one property, each additional property $660 per annum.  Crypto must be purchased via our preferred crypto exchange(s).

Understanding SMSF property investment

SMSF borrowing
Your SMSF can borrow to invest in property. SMSF loans have higher interest rates than regular investment loans and you can’t redraw the equity.
Bare trusts
SMSF property investments where the super fund borrows require the title of the property to be held under a ‘bare trust; or custodian. Grow assists with this documentation.
Property expenses
Your SMSF receives all rent from the SMSF property investment and pays all expenses and loan repayments. Managing cash flow is critical.
Lease business premises
Your SMSF property can be leased to your business at market rates. Professional support and correct paperwork must be in place to ensure compliance.
Contributions enabled
Your SMSF can receive both personal contributions from members as well as employer contributions. Use contributions to pay of the SMSF loan faster or build up capital for further investment.
Diversify your SMSF
Combining SMSF property with other assets such as shares, ETFs and cryptocurrency provides diversification and reduces portfolio risk.

Frequently Asked Questions

Why is Macquarie used as the cash account for the SMSF?

An SMSF needs its own bank account. We provide access to the Macquarie Cash Management Account (CMA) for the following reasons:

  • No account keeping fees or transaction fees;
  • Fast and 100% online account set up;
  • Data feeds and read-only accountant access;
  • Great mobile bank app and Australian-based customer service;
  • Accepted by all industry and retail super funds for electronic transfer via SuperStream;
  • Government Guaranteed up to $250,000.

Keeping your SMSF money separate from your personal money is essential when you have an SMSF. Because most people don’t use Macquarie for their everyday personal banking, using Macquarie helps ensure no costly mistakes.

It is important to note that it is not compulsory to use the Macquarie CMA to use the services of Grow SMSF. We will only provide you with information on the Macquarie CMA and assist you with the administrative aspects of setting up the account based on your instruction. Please refer to our Advice Disclaimer for further information.

Does Grow SMSF receive commission from property businesses?

No.

Grow SMSF is completely independent. We do no receive any commissions, referral fees or any other compensation from any property developer, mortgage broker or any third-party.

SMSF property investors should stay away from ‘one-stop-shops’ that promote buying property with super.

How is Grow SMSF different to cheaper online providers like esuperfund?

There are a number of differences if you were to compare Grow SMSF to many of the low cost online only service providers available.  We recommend anyone comparing SMSF service providers look at the following as part of their research:

  1. Service: We provide personalised phone and email support.  You are not forced to make all communication via an online portal. Our phone number (1300 651 263) is available during business hours (AEST). Check to see whether other providers have a phone number you can call to speak to a human.
  2. Transparency: Grow SMSF does not receive any commission or referral fees from any third parties include SMSF property lenders. Some other SMSF service providers receive commissions which increase the ongoing costs of using their preferred suppliers.  Check the Product Disclosure Statement (PDS) of those providers to see how much they receive in commissions.
  3. Work Required from you: Some providers are not ‘full service’ SMSF administration providers – they could better be described as an online accounting system with an SMSF audit and lodgement function attached.  Grow SMSF does not require you to categorise or code any of your SMSF transactions yourself.

The above is not a comprehensive list. Take a look at our blog to find more specific information on comparing Grow SMSF to other service providers.

I have an investment property in my name. Can I transfer it to my SMSF?

Residential property = No

Commercial property = Yes

In general an SMSF cannot accept transfers of assets from the members.

Once of the exceptions is commercial property. The property must meet the definition of business real property to be transferred to an SMSF.

Can I use my mortgage broker for my SMSF property purchase?

Yes!

If your mortgage broker has access for SMSF loans from their lenders, you are free to utilise their services to help you with your SMSF loan.

Grow SMSF doesn’t recommend any SMSF loan product or receive commissions or referral fees from any third-party brokers or lenders.

How much does it cost to set up an SMSF?

The setup fees for a new SMSF are as follows:

  • $770 with individual trustees (not recommended for SMSF property investors)
  • $1320 with a company trustee

Grow SMSF intentionally DOES NOT offer ‘FREE’ SMSF establishment to ensure we provide you with the best possible upfront support and service you deserve.

You can set up a new SMSF with Grow here: Set up an SMSF

How much does it cost to set up a bare trust?

Grow can organise a bare trust deed (holding trust) for your SMSF property purchase.

Bare trust fees are:

  • Bare trust with company trustee – $1100
  • Bare trust only – $550

It is possible to use the same bare trust trustee company for multiple SMSF property purchases and simply create a new bare trust for each investment property bought by the SMSF.

A bare trust is created at the time of, or shortly after, a contract is signed to buy SMSF property.

Does Grow SMSF provide financial advice?

No.

Grow SMSF does not hold an Australian Financial Services Licence (AFSL) or is not an authorised representative of an AFSL holder.

The advice and support we provide to our clients is limited to either taxation or the compliance of your self-managed super fund under the relevant laws and regulations.

Grow SMSF is not a financial adviser. We do not issue advice, recommendations or opinion in relation to acquiring, holding or disposing of investments or superannuation interests.

Any information contained within this website is provided as an information service only and, therefore, does not constitute, and should not be relied upon as, financial product advice. None of the information provided takes into account your personal objectives, financial situation or needs, and you will need to make your own decision about how to proceed.

Alternatively, for financial product advice that takes account of your particular objectives, financial situation or needs, you should consider seeking financial advice from an Australian Financial Services licensee before making a financial decision.

Ready to go?

Set up your SMSF today with Grow.

Transferring? Questions?

Drop your email in below and we will send you further information regarding our SMSF property solution including how to transfer an existing SMSF or how to schedule a phone call to ask any questions you may have.

    Grow SMSF Reviews

    Google 5.0/5.0
    Highly Recommend!
    I highly recommend the services that Kris and Grow SMSF provide. Top quality service and all set up within a day. Professionally guided through the process with excellent communication and efficiency. Grow SMSF prices are so low for what you are getting – Amazing…
    Could not be happier.

    Allan M.
    Google Review

    Great customer service

    I highly recommend Kris from Grow SMSF. Cheap setup and ongoing costs, great customer service, very helpful and professional. I was amazed how quick the SMSF was setup. It only took 2 weeks for Kris to set the SMSF up vs my friend’s accountant took 2 months to set his. I am so glad that I found Grow SMSF.

    Rose D.
    Google Review

    Great service and guidance
    I’ve worked with Kris from Grow SMSF for a number of years and he’s always delivered a great service and advice where needed. From the original setup of my SMSF through to getting the returns etc done each year, everything works well with no drama. Highly recommend + keep up the good work!

    Simon P.
    Google Review

    Great assistance

    Kris is very responsive to queries and flexible – always takes the time to explain and assist. I would recommend him to anyone wanting to dip their toes into an SMSF.

    Steve BD.
    Google Review

    Responsive and effective support
    Kris is exceptional. Very responsive, effective and diligent.

    Stephen W.
    Google Review

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    Contact

    Suite 247 / 10 Albert Avenue

    BROADBEACH QLD 4218

    1300 651 263

    07 5665 9979

    [email protected]

    Twitter
    @GrowSMSF – 2 weeks

    SMSFA calls on APRA-regulated funds to standardise verification requirements – SMSF Adviser Well said…

    Copyright © 2020 by Grow SMSF Pty Ltd. All rights reserved.

    General Information Warning & Disclaimer

    All information contained on this website is provided as an information service only and, therefore, does not constitute, and should not be relied upon as, financial product advice. None of the information provided takes into account your personal objectives, financial situation or needs, and you will need to make your own decision about how to proceed. Alternatively, for financial product advice that takes account of your particular objectives, financial situation or needs, you should consider seeking financial advice from an Australian Financial Services licensee before making a financial decision.

    Grow SMSF does not hold an Australian Financial Services Licence (AFSL) and we are not authorised representatives of a AFSL. We do not provide financial product advice or recommend any financial products either expressly or implied.

    From time to time Grow SMSF may produce information or content about specific financial products or services that enable access to specific financial products however we do not recommend, endorse or confirm as suitable any financial product or service featured on the Grow SMSF website or social media assets. This condition specifically applies to any financial product where Grow SMSF provides services at a discounted or preferential fee due to the use of those products, services or accounts. It’s not compulsory to utilise a specific account or service provider to be a client of Grow SMSF however the types of accounts, investments and service providers you use for your SMSF will determine the fees your SMSF is charged.

    Where Grow SMSF provides information in relation to a financial product or service supported by or integrated with Grow SMSF the information is factual information only about the operation of the account or service and how data or reporting information is made available to us. Before making a decision on any financial product for your SMSF you should obtain a Product Disclosure Statement (PDS) relating to that product and consider the PDS before making any decision. As financial product and solution providers are frequently making changes to their products and services Grow SMSF cannot accept any responsibility for any outdated or inaccurate information provided on this website or via social media assets.

    Grow SMSF Gold Coast based accountants looking after SMSF trustees from around Australia. Liability limited by a Scheme approved under Professional Standards Legislation.