6 Balmoral Rd, Salisbury East is a 12 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1970. The property has a land size of 595m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
An exceptional opportunity to secure a complete portfolio of six strata-titled units in the heart of Salisbury East, offering investors a rare combination of strong rental returns of %2590 (see breakdown below), future flexibility, and long-term growth potential.
Comprising six individually titled units, this well-maintained group has a history of strong tenant retention and consistent rental performance. Each unit offers two well-sized bedrooms, an updated kitchen, open-plan living and meals area, split-system air conditioning, linen storage, and a functional bathroom complete with shower, vanity, and toilet. Every residence also includes its own designated car space, ensuring ongoing appeal to tenants.
Whether retained as a high-yielding investment portfolio or leveraged for its future development potential STCC, this is a unique offering that provides multiple avenues for value creation. Positioned close to shopping centres, public transport, healthcare facilities, schools, and everyday amenities, the property is well placed to attract strong tenant demand for years to come.
**Rental Income as below;
Unit 1 - $425 Per Week Until Oct 2026
Unit 2 - $450 Per Week Until Nov 2026
Unit 3 - $385 Per Week Until June 2026
Unit 4 - $470 Per Week Until June 2027
Unit 5 - $460 Per Week Until Feb 2027
Unit 6 - $400 Per Week Until Aug 2027
Grand Total of $2,590 per week in rental income.
Approximate Expenses as per below;
- Council Rates $1240 Per Unit Per Year
- Water $240 Per Unit Per Year
- Building/Strata Insurance $3100 Per Year Across Entire Unit Block
Additional Features
Six individually strata-titled units
Five leased, one in the process of being tenanted currently
Multiple income streams from one asset
Strong rental history and tenant retention
Two-bedroom floorplan throughout
Updated kitchens across the complex
Split-system air conditioning to all units
Designated car space for each unit
Flexible future sell-down potential (STCC)
Close to transport, shopping and healthcare
Ideal addition to any investment portfolio
Disclaimer: Please note that all information provided for this property was obtained from sources we believe to be accurate. However, we cannot guarantee the information's accuracy and accept no liability for any errors or omissions, including (but not limited to) the property's land size, floor plans, dimensions, building size, building age, condition, or any other particulars. Interested parties should always make their own inquiries and obtain their own legal and financial advice. As much as we aim to have all details represented within this advertisement to be true and correct, it is the buyer's responsibility to complete the correct due diligence while viewing and purchasing the property throughout the active campaign.
PLEASE NOTE: This property is being auctioned with no price in line with current real estate legislation. Should you be interested, we can provide you with a list of recent local sales to help you with your market and value research.
Vendors Statement: The vendor's statement may be inspected at our office for 3 consecutive business days immediately preceding the auction; and at the auction for 30 minutes before it starts.
The size of Salisbury East is approximately 6.9 square kilometres. There are 24 parks, covering nearly 47.3% of the total area. The population of Salisbury East in 2016 was 8972 people. By 2021 the population was 9273 showing a population growth of 3.4% in the area during that time. The predominant age group in Salisbury East is 20-29 years. Households in Salisbury East are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Salisbury East work in a trades occupation.In 2021, 70.70% of the homes in Salisbury East were owner-occupied compared with 70.90% in 2016.
Salisbury East has 4,091 properties. Over the last 5 years, Houses in Salisbury East have seen a 117.63% increase in median value, while Units have seen a 124.00% increase. As at 31 May 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.