You are required to purchase a single contract whenever you are financing a property investment through a SMSF. Fortunately, we have the best SMSF eligible properties to offer to our clients. Among these are apartments, townhouses, and house and land packages in Australia.
In order to make sure we provide the best results in SMSF property investing, we will provide you with the right professionals which includes accountants, financial planners, financial brokers, and land developers.
Gone were the days where you were limited to off the plan apartments, completed, or old properties when you are looking to make a purchase within a SMSF or Self-Managed Superannuation Fund.
In order to enable a house and land package to be purchased within a SMSF, a single contract must be completed prior to the settlement of the property. Aside from the deposit and settlement payments, there are no other payments to be made until the construction has been completed. While this is good news to the clients, builders stay away from this type of contract because they don’t have the option to request for payment until the completion of the project. In most cases, you won’t find a builder who’s willing to shoulder the expenses until the completion of the construction.
Capital Wealth Property has developed a unique, strong, and reliable relationship with a network of land developers and builders who are capable of providing and delivering house and land packages on a single contract. As a result, you can choose from a variety of SMSF compliant house and land options in Australia!