Why wait for tomorrow?{yellow-border}
When you have the opportunity to buy a commercial property for your practice, we can provide competitive financing to enable this purchase through your self-managed super fund (SMSF). Purchasing your practice premises through an SMSF can often make commercial sense. By having direct control of you super’s investment strategy, you can take advantage of potential tax benefits, diversify your portfolio, protect your assets and ultimately, generate future wealth.
What's more, we can lend up to 90% of the purchase price if you are purchasing the commercial property for the purpose of your own rooms, subject to credit approval. Plus our flexible loan options and terms are designed to suit your cash flow needs and are available with fixed and variable interest rate options.
Benefits of borrowing through your SMSF:
Potential tax advantages
Direct control of your super investments
Diversification of your portfolio
Protection of your assets
Our commercial property loan offers:
Your SMSF can borrow up to 90% of the purchase price for the purpose of your own rooms (subject to credit approval)
No Lender's Mortgage Insurance (LMI)
Flexible loan options and terms to suit your cash flow needs
Competitive interest rates
Fixed and variable options available
Becoming a practice owner is a major step in the career of many medical, dental and veterinary professionals. Purchasing your premises through a self-managed super fund (SMSF) is often an attractive option and while the rewards can be great, it is important to understand what risks may be involved.
In this recording, you will hear from industry experts; Tal Eloss, Director and Co-Founder at 1Group Property Advisory; Alison Lacey, Director at Ecovis Clark Jacobs; Brooke Glastonbury, Specialist Property Lawyer at Macpherson Kelley and Luke Truscott, Finance Specialist at BOQ Specialist, as they take you through the ins and outs of purchasing your practice premises through your SMSF.
Key discussion topics include:
Research and finding the right property
Property negotiations – getting the best possible outcome
The steps to property acquisition
The practical cashflows of superannuation gearing
The key traps to avoid in superannuation gearing
Setting up the legal structure
How to avoid structuring pitfalls and common mistakes
How to avoid structuring pitfalls and common mistakes
The SMSF loan – how does it work and what are the benefits?
Relevant case studies
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See how we have helped others achieve their goals
Dr Shruti Kapila purchased her second practice in her SMSF
Cardiologist Dr Shruti Kapila describes the process of purchasing her second practice in her self-managed super fund (SMSF) as being 'impossible' if it weren't for the help of BOQ Specialist.
Kiran Puttappa on how more is more
He didn’t plan on it, but Perth General Practitioner Dr Kiran Puttappa has ended up with 13 practices. BOQ has been there from the start.
SMSF guide
Although there are some tricky aspects to setting up an SMSF, it doesn’t have to be complicated to run one. Our guide has been designed to help you navigate the process of both setting up and running your SMSF, and taking control of your financial future.
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