Trustees should consider greater allocations to unlisted commercial property in SMSF portfolios for better diversification and returns, according to a manager for the asset class.

Commercial property can play an important role within SMSF portfolios for the increasing number of trustees moving from the accumulation phase into the retirement phase of their lives, an SMSF technical expert has said.

A recent property study has shown four inner-city suburbs of Melbourne are currently offering strong investment opportunities.