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1-8/11 Guerin Street

Salisbury, SA 5108, Australia
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16 bed 8 bath 16 car

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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

Repayment calculator

$2,981/month
$1,491 /fortnight
Loan $492,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$123,000
Stamp duty$27,655
Conveyancing (est.)$2,000
Total upfront$152,655
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Products295 m away
  • Unnamed546 m away
  • Salisbury Civic Plaza / Inparrinthi Kumangka563 m away
  • Middleton Street Park750 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

$755kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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