Yes, SMSFs can now borrow to purchase real estate using a structure established for this purpose, as long as certain conditions are met. There are various loan products offered which enable these purchases to be made.
You can buy any sort of property however Residential Property must be an ‘arms length’ transaction from any third party.
The property you buy must be held in a ‘warrant trust’, ‘bare trust’, ‘special trust’ or ‘purchasing trust’.
You can buy Commercial Property from a related party if certain conditions are met.
You cannot directly benefit from any property you buy using your SMSF before your retirement, under current legislation.