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Back 151 Shrapnel Rd
Off Market

151 Shrapnel Rd

Cannon Hill QLD 4170

5
5
2
0 m²
405 m²
House
Last sold for $1,850,000
Joseph LeongJoseph Leong, last sold this property on 09 February 2026 after 75 days on market.

Overview

Fully Tenanted Rooming House in a Prime Corner Position

Inspection by appointment. An outstanding investment opportunity in a prime corner position, this five-bedroom, five-bathroom, two-car rooming accommodation house presents a hassle-free, high-yield addition to your portfolio just 9km from the CBD. Fully tenanted and returning $100,000+ annually, with potential for even stronger earnings in the current rental market, the residence forms a secure and sound investment with minimal operating costs and no Body Corporate. Modern, air-conditioned, and featuring a 15kW solar system, the two-storey property features five bedrooms, all with ensuites and access to private balconies or the backyard. With a communal kitchen and dining space, and parking for two cars, the residence is stylish, functional, and energy-efficient. Offering central convenience and lifestyle ease for residents, this property is positioned across the road from Cannon Hill Anglican College and bus stops, 1.1km from Cannon Hill train station, and 9km from the CBD. The local cafes, shops, petrol station and TotalFusion gym are just 900m away, and you are only 12 minutes from Westfield Carindale, 7 minutes from Cannon Hill Plaza, and 3 minutes from Morningside Central, The Hills of Rivermakers precinct and Colmslie Reserve. Property highlights include: - Rooming accommodation house (certified class 1b) - Prime corner position on a 405sqm allotment - Built in 2018 and fully tenanted - Five bedrooms, five bathrooms, two-car garage - Communal kitchen and dining area - Fully air-conditioned, ceiling fans, 15kW solar - Rates: $1,095.60 per qtr - Water: $1,442.13 per qtr - Unit 1: $410pw until 8/6/2026 - Unit 2: $385pw until 4/1/2026 - Unit 3: $410pw until 20/1/2027 - Unit 4: $405pw until 26/4/2026 - Unit 5: $425pw until 24/1/2026 - Building and Pest report available upon request Inspection by appointment. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

5 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
405 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Cannon Hill over the last 12 months, the estimated median property value of 151 Shrapnel Rd is $2.18m.

Median value
$2.18m
Estimated value range
$1.3m - $3.45m
Median days on market
31
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cannon Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 151 Shrapnel Rd

2026
Sold
$1,850,000
09 Feb 2026 by Joseph Leong, of Place Estate Agents Woolloongabba
2019
Sold
$900,000
18 Mar 2019 by Savannah Falzon, of Bennett Family Real Estate

Happy sellers in Cannon Hill

85%
85% of sellers in Cannon Hill reported that their sale price either exceeded or met their price expectations.

Cannon Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 77 reviews in Cannon Hill over the last 12 months.

Local market activity for 5 bedroom houses in Cannon Hill

In the last 12 months, 21 five-bedroom houses similar to 151 Shrapnel Rd, have been sold.

This represents a 5% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cannon Hill

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Meagan Muir

Sellers who recommend Meagan Muir have praised them for being clear communication, local expert, responsive, honest, friendly, supportive and dedicated

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Susan Mills

Sellers who recommend Susan Mills have praised them for being clear communication, local expert, supportive, reliable, responsive, honest and dedicated

  •   5   (406 reviews)
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Kylee Harnisch

Sellers who recommend Kylee Harnisch have praised them for being clear communication, local expert, responsive, honest, friendly, supportive and reliable

  •   5   (1039 reviews)
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Deanne Hansom

Sellers who recommend Deanne Hansom have praised them for being clear communication, local expert, supportive, reliable, responsive, friendly and honest

  •   4.9   (342 reviews)
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