From smsmagazine.com.au: A single limited recourse borrowing arrangement can be applied to multiple property titles if they are considered a unified physical object, as defined by ATO Self Managed Superannuation Funds Ruling 2012/1.

While the Superannuation Industry (Supervision) Act typically requires separate borrowing agreements for multiple titles, exceptions exist when the assets must be sold together, such as in the case of a factory complex across multiple titles.

The characteristics of the property determine if it qualifies for a single LRBA, with the condition and use of the property being crucial factors.