Skip to main content


Services Investing Salisbury Building Upgrade Finance

Building Upgrade Finance

Building Upgrade Finance is a unique finance product that is available in the City of Salisbury to assist building owners with environmental upgrades to non-residential buildings as well as restoration and upgrades to non-residential heritage buildings. It is provided by private sector finance providers and enabled by the council.

Building Upgrade Finance is available for a wide range of environmental upgrades including solar photovoltaic panels, water and energy efficiency fittings, wastewater reuse systems, waste management systems and much more.

Owners of non-residential state and local heritage listed buildings can also access Building Upgrade Finance for conservation works, access or building compliance improvements and works to allow ongoing use of the building.

Loan Structure

The loan structure involves three parties entering into a Building Upgrade Agreement, where a:

  • The building owner seeks finance for a building upgrade
  • A finance provider lends finance for a building upgrade
  • Council collects repayments from the building owner and transfers them to the finance provider.

This structure provides the security for the loan and enables unique benefits that differ from other finance solutions.

What are the key benefits?

  • No additional security is needed
  • Longer-term finance (e.g. 10-20 years)
  • Competitive fixed interest rates
  • No deposit – 100% project finance is available
  • Ability to share costs with tenants
  • Ability to transfer outstanding loan repayments to a new owner if agreed.

What does the process involve?

  1. Identify upgrade opportunities for your building
  2. Discuss Building Upgrade Finance eligibility, a finance provider and your council contact
  3. Confirm finance and council application approval
  4. Contract signed, funds released and upgrade work undertaken.


You are eligible to enter into an environmental upgrade agreement with the City of Salisbury if:

  • The proposed works are consistent with the relevant provisions of Schedule 1B of the Local Government Act 1999
  • The proposed works are consistent with the relevant objectives of the Council’s City Plan.
  • The building is located in the City of Salisbury Local Government Area and was constructed at least 2 years ago.
  • The building is a prescribed building under the Local Government Act 1999, used primarily for commercial, industrial or other non-residential purposes.
  • There are no outstanding orders that have been issued in relation to the Building pursuant to any relevant legislation.
  • There are no encumbrances noted or registered on the title for the Building which may impact the City of Salisbury exercising its enforcement rights.
  • The Building Owner has no overdue debts to the City of Salisbury and is not in dispute with the City of Salisbury regarding any matter.
  • The Building Owner has consulted the City of Salisbury to ensure that all property development compliance requirements have been met or will be met prior to the earlier of the dates that the BUA is executed by the Building Owner, City of Salisbury and Finance Provider or the Commencement Date.
  • The Building Owner agrees to be bound by the requirements of the BUA (including any additional conditions as required by the City of Salisbury) and the Council’s Building Upgrade Finance Policy
  • Full eligibility criteria are listed in the City’s building upgrade agreement policy.

Administration fees are applicable, determined by the length of the BUA loan, and are paid as part of the first loan repayment. Refer to the Building Upgrade Finance Schedule of Fees for details of the administration and other fees charged by the Council.

More Information

For further information please visit the Building Upgrade Finance website.

The City of Salisbury contact in relation to Building Upgrade Finance is Leandro Lopez Digon (Manager, City Shaping); Phone: 08 8260 8251, Email: