David’s Story

Commercial Property Purchase by SMSF – Braeside, VIC

December 2024
(Name changed to protect privacy)

When David*, a business owner and SMSF trustee, decided to purchase a commercial property in Braeside, Victoria through his Self-Managed Superannuation Fund (SMSF), he quickly realised that the process was far more complex than a standard property purchase.

The transaction required compliance with strict ATO (Australian Taxation Office) and Superannuation Industry (Supervision) Act rules. It also involved coordination between his SMSF administrator, accountant, lender, and the property vendor’s solicitor to ensure the purchase structure met all superannuation investment restrictions.

The team at Melbourne Central Conveyancing and Legal Pty Ltd managed the entire process — from reviewing the contract and trust deed to liaising with the lender’s legal team and preparing documentation to satisfy SMSF lending conditions (LRBA structure).

Our legal and conveyancing professionals ensured every step was compliant with SMSF borrowing requirements and settlement deadlines, avoiding costly penalties or compliance breaches.

Thanks to our experience in commercial SMSF property transactions, the purchase was completed on time, fully compliant, and stress-free for the client.

✅ Successful Outcome:
Commercial SMSF property purchase settled on time with full ATO and superannuation compliance.