money money money 837b buying a property with your super + SMSF Q&A
Sep 17, 2025
Explore the ins and outs of managing a self-managed super fund (SMSF) to buy property. Discover when it's suitable to set one up, from complex fees to ongoing management. Glen shares his personal journey buying a commercial unit, covering costs and cash flow. Learn about trustee duties, compliance, and the critical investment strategies needed to keep your SMSF on track. Plus, get insights into transitioning to a retail fund during retirement and the pitfalls to avoid!
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Only Start An SMSF If Need Appears
- Most people will not need an SMSF; the need should appear from specific goals or complexities.
- Glen and John stress only consider SMSF if it solves a real problem you can't get from retail funds.
Mind The Real Costs And Minimum Balance
- Expect setup costs around $5k and first-year total costs near $8k including audits and legal work.
- Avoid SMSF for balances under roughly $200โ300k because percentage fees will be high.
Glen Bought A Commercial Unit In SMSF
- Glen set up his SMSF to buy a commercial unit that his company now rents from the fund.
- He emphasises he wouldnโt have created the SMSF if he wasnโt a business owner with that commercial need.
