In order for a SMSF to borrow to acquire property it must establish a Security Custodian Trust Structure. The Security Custodian Trustee must be a Company. The Directors and Shareholders of the Security Custodian Trustee Company must be the Trustees of your SMSF (if you have Individual Trustees) or the Directors of the Company (if you have a Company as Trustee for your SMSF).
For your convenience, if you do not have an existing Company and would like to establish a Company to act as Trustee for the Security Custodian, ESUPERFUND offers a Company Setup Service as part of its Security Custodian online Company application which can be found here. Please note that you are not obligated to use the ESUPERFUND Company Setup Service and can arrange to setup a Company with any provider desired. The Company details can in turn be entered into our Security Custodian online application here.
No financial product advice or recommendation
ESUPERFUND does not provide financial product advice or recommend any financial products:
This applies equally to any financial products which are established for your SMSF when you become a client of ESUPERFUND,
such as your Commonwealth Bank Accelerator Cash Account. If you require advice about your Commonwealth Bank Accelerator Cash Account,
you should seek professional advice from a financial adviser before making any decision about whether to acquire the product.