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About this property
A Rare Investment Opportunity - Eight Fully Tenanted Units on Approx. 1,400sqm Positioned in a convenient Salisbury location, this exceptional investment presents a rare opportunity to secure an entire group of eight fully tenanted two-bedroom units on one substantial allotment of approximately 1,400sqm. Generating immediate rental income from day one, this blue-chip investment offers strong cash flow together with outstanding long-term growth potential. With all units currently leased, investors can enjoy the security of an established income stream while exploring future opportunities, subject to the necessary planning consents. Property Highlights: • Entire group of 8 x two-bedroom units • 100% tenanted with established rental income • Approx. 1,400sqm land holding • Strong investment with immediate returns • Scope for future value-add or redevelopment potential (STCC) • Convenient location close to shopping, schools, public transport and major arterial roads Whether you're expanding an investment portfolio, seeking a high-yield asset, or looking for a strategic landholding with future upside, opportunities of this calibre are seldom offered to the market. RLA 274768 Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 16
- Bathrooms
- 8
- Parking
- 16
- Listed
- 1 week ago
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Neighbourhood
Living in Salisbury
This 16-bedroom land in Salisbury, SA 5108 sits within reach of public transport, local shops and nearby schools.
Schools near Salisbury
- St Augustine's Parish Schoolprimary · R-6 · CoEd
- Indie School Salisbury Campussecondary
What's nearby
- Salisbury Interchange (bus) — 288 m away
- JJ's Afro Products — 295 m away
- Unnamed — 546 m away
- Salisbury Civic Plaza / Inparrinthi Kumangka — 563 m away
- Middleton Street Park — 750 m away
Salisbury at a glance
Full suburb profile- Population
- 8,841
- Median age
- 37
- Household income
- $1,029/wk
- Median rent
- $260/wk
- Median mortgage
- $1,213/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Salisbury price trend
Median sold · House 3 bed
Compound growth +19.7% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
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