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1-3/12 Barnett Street, Salisbury, SA 5108 For Sale
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1-3/12 Barnett Street, Salisbury, SA 5108

Best Offers By Monday 13th July 2026 at 12:00pm

Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings
827 m²
Area

Last updated on Friday, July 03, 2026 ( See property details for 1-3/12 Barnett Street, Salisbury, SA 5108)

Best Offers By Monday 13th July 2026 at 12:00pm

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity featuring three fully tenanted two-bedroom units on a spacious 827sqm block in Salisbury, with excellent amenities and growth potential.

🏡 Property Highlights

  • Rare investment opportunity with three fully tenanted units on one title
  • Large 827sqm allotment in a rising suburb of Salisbury
  • Consistent and practical two-bedroom unit layouts
  • Excellent rental income with current tenants paying up to $860 per fortnight
  • Convenient location near shopping centres, public transport, and hospitals
  • Potential for long-term capital growth in a sought-after area

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Ensuite
  • Air Conditioning
  • Dishwasher
  • Internal Laundry

Salisbury is a vibrant suburb offering excellent amenities, including shopping centres, public transport, and healthcare facilities. Its strategic location provides easy access to the city and northern regions, making it ideal for investors and residents alike. The area boasts a strong community vibe with ongoing growth and development, ensuring long-term value. Proximity to major transport links and essential services enhances its appeal. Salisbury is perfect for those seeking a convenient, connected lifestyle with investment potential.

What is the current rental income for the units?
The current rental income totals $2,480 per fortnight, with Unit 1 paying $820, Unit 2 paying $860, and Unit 3 paying $800.
Are there any development restrictions or zoning considerations?
The property is zoned under the City of Salisbury, and potential buyers should consult local council for any development or zoning restrictions.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, water rates, and maintenance expenses. Specific rates are to be advised by the council.
Is there potential for future capital growth?
Yes, Salisbury is a rising suburb with ongoing development and infrastructure improvements, offering strong potential for capital growth.
What is the condition of the units and external areas?
The units were built in 1971 and are well-maintained, with communal outdoor areas and designated parking spaces.
Are there any upcoming or ongoing planning or development applications in the area that could affect the property's value? Have the units been recently renovated or are there any known maintenance issues? Are there any easements, covenants, or zoning restrictions that could impact future use or development? What are the total annual costs including council rates, water rates, and strata or management fees? Is there any history of flooding or bushfire risk in the area? Are there any planned infrastructure projects or construction nearby that could cause noise or disruption? Are the current tenants on fixed-term leases, and what are the terms of their agreements? Are there any restrictions or requirements for future modifications or extensions to the units? What are the strata or body corporate arrangements, if applicable? Are there any known issues with the property's title or legal encumbrances?

1-3/12 Barnett Street, Salisbury, SA 5108 - More Details

Best Offers By Monday 13th July 2026 at 12:00pm

**BEST OFFERS BY MONDAY 13TH JULY 2026 AT 12:00PM**

Welcome to 1-3/12 Barnett Street, Salisbury, a rare and fantastic opportunity in the rising suburb of Salisbury. This unit complex boasting an allotment size of 827sqm (Approx) offers a fantastic long term investment opportunity that is extremely rare!

Set on one title, the property comprises three two bedroom units, each offering a practical and consistent layout. Every unit features two generous bedrooms, a central bathroom, european style laundry and a comfortable living space.

Externally there is a communal backyard with each unit benefitting from a clothes line. Each unit also has a designated car space under the front carport, with additional off-street parking available along Barnett Street.

All three units are currently tenanted and managed by First National Salisbury.

• Unit 1 - $820 per fortnight till May 2027
• Unit 2 - $860 per fortnight till May 2027
• Unit 3 - $800 per fortnight till September 2026

Located in a convenient pocket of Salisbury, those seeking an investment near all local amenities and facilities will appreciate what is on offer. Nearby shopping options include the Parabanks Shopping Centre - with other options at the Elizabeth Shopping Centre & Saints Shopping Centre. Public transport is readily available with various bus stops along Porter Street, Jarvis Road & Commercial Road. Access to the city and further up North is made easy via the Nurlutta & Salisbury train station being nearby. The Calvary Central Districts Hospital is within walking distance, whilst the Lyell McEwin is a short drive away.

Land // 827sqm (Approx)
Frontage // 20.12m (Approx)
Council // City of Salisbury
Council Rates // TBA
Water Rates // TBA
Year Built // 1971
Title // Torrens

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.


Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3
Area
827 m²

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