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

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

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