FOR SALE
$849,000 - $909,000

1-3/9 Fisher Street
Salisbury SA 5108

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 156m2
Land area: 710m2
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Investment Opportunity Knocking - Block of 3 Tenanted Units!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://shorturl.at/gLZzY
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market this rare investment opportunity to purchase a block of three tenanted units, perfectly situated on a spacious 710sqm approx Torrens Titled block in a highly sought-after location. With stable rental income already in place and significant potential to add value through modern updates, this property is ideal for savvy investors looking to capitalize on the current strong rental market.
Each solid brick unit boasts a practical 2-bedroom layout, complemented by an open-plan family room featuring easy-care tiled flooring for low-maintenance living. The kitchens are equipped with gas cooktops, ovens, and U-shaped benchtops, ensuring functionality for tenants. Reverse cycle split-system air-conditioning flows seamlessly through the open-plan family and meals areas, offering year-round comfort. The central bathroom in each unit includes a combined shower-bath, toilet, and laundry facilities, providing essential convenience for residents. Outside, each unit enjoys a small paved patio, offering private outdoor space for relaxation.
Key features you'll love about this home:
- Solid brick construction
- 3 low-maintenance units with tenants already in place
- Split-system air-conditioning in the open plan living
- Rainwater tank at Unit 3
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Property Details for 1-3/9 Fisher St, Salisbury

1-3/9 Fisher St, Salisbury is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 710m2 and floor size of 156m2. The place is currently for sale with Edge Realty (SA).

Building Type
BlockOfUnits
Floor Size
156m2
Land Size
710m2

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About Salisbury 5108

The size of Salisbury is approximately 4.6 square kilometres. It has 22 parks covering nearly 15.6% of total area. The population of Salisbury in 2011 was 7,549 people. By 2016 the population was 8,205 showing a population growth of 8.7% in the area during that time. The predominant age group in Salisbury is 20-29 years. Households in Salisbury are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury work in a labourer occupation. In 2011, 53.7% of the homes in Salisbury were owner-occupied compared with 52.3% in 2016.

Salisbury has 4,312 properties. Over the last 5 years, Houses in Salisbury have seen a 121.34% increase in median value, while Units have seen a 129.51% increase. As at 30 November 2024:

  • The median value for Houses in Salisbury is $645,477 while the median value for Units is $419,539.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Salisbury on OnTheHouse. According to CoreLogic's data, 216 properties were sold in the past 12 months in Salisbury.

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Mike Lao
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Tyson Bennett
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Edge Realty (SA)
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