Lot 123 Wollara Rise, Wyndham Vale

A single contract property is a requirement when buying through an SMSF in Australia. It's required to comply with ATO regulations. This type of purchase involves acquiring both the land and any buildings under a single contract, simplifying the process and ensuring compliance with SMSF rules. In general, a single contract property can be purchased by paying an initial deposit with the remainder due only at settlement (as opposed to making staged construction payments).