Proven rental income. A sought-after inner-south address. Room to make it your own.
Opportunities combining substantial current rental income with a well-connected inner-south location are hard to find. At 309 Cornwall Street, both are already in place.
This highset six-bedroom, two-bathroom property has been rented by the room since 2011, with very low vacancy throughout that time. The current rent roll totals $1,580 per week, or $82,160 per annum in gross rental income, an established income stream in a suburb prized by investors and owner-occupiers alike.
Greenslopes offers the appeal of an established Brisbane suburb, with local shops, parks, schools, public transport and major road connections close at hand. Stones Corner Village is approximately 500 metres away, while bus stops are within a short walk and Buranda Station is approximately 1.2 kilometres away.
For investors, the property offers a long-running rental model, multiple tenancies and strong gross income in a sought-after location. For families or extended households, six bedrooms provide generous space and flexibility to suit different needs. It's a rare opportunity to secure an income-producing property with the location and scale to appeal well beyond the investor market.
Current rental schedule
Room| Rent| Lease term
Room 1| $260 per week| 24 August 2026 - 23 July 2027
Room 2| $280 per week| 5 August 2026 - 4 February 2027
Room 3| $260 per week| 19 August 2026 - 18 February 2027
Room 4| $260 per week| 5 August 2026 - 4 February 2027
Room 5| $260 per week| 24 October 2026 - 23 April 2027
Room 6| $260 per week| 21 September 2026 - 21 September 2027
Total| $1,580 per week| $82,160 per annum gross
Property highlights
- Six bedrooms and two bathrooms
- Highset home with generous accommodation
- Currently leased as six separate rooms
- Rented by the room since 2011, with very low vacancy throughout
- Current combined rent: $1,580 per week
- Current gross rental income: $82,160 per annum
- Established Greenslopes location close to shops, parks, schools and transport
- Convenient access to the CBD, hospitals and Brisbane's inner south
- A flexible opportunity for investors, large households or extended families
Nearby amenities
Shopping and lifestyle
- Stones Corner Village - approximately 500m
- Hanlon Park Playground - approximately 650m
- Greenslopes Central Shopping Centre - approximately 700m
- Greenslopes Marketplace - approximately 800m
- Buranda Village - approximately 1.2km
- Coorparoo Square - approximately 1.7km
Transport
- Bus stops on Logan Road - approximately 170-450m
- Bus stops on Cornwall Street - approximately 280-500m
- Buranda Station - approximately 1.2km
- Greenslopes Bus Station - approximately 1.5km
- Dutton Park Station - approximately 2km
Schools and health
- Greenslopes State School - approximately 750m
- St James Catholic Primary School - approximately 1km
- Buranda State School - approximately 1.1km
- Villanova College - approximately 1.2km
- Greenslopes Private Hospital - approximately 1.3km
- Loreto College - approximately 1.9km
- Queensland Children's Hospital - approximately 3.5km
Brisbane CBD and inner-city destinations
South Bank is approximately 4.1km away, with the Queen Street Mall approximately 5.5km away.
For further information, please contact:
Fayzaan Omar - 0423 661 345
Sophie McKinnon - 0498 977 471
**Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but Ray White Rochedale, Logan City and Sunnybank takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision. Please note online platforms search filters ARE NOT indicative to a price guide**.
Disclaimer: This property may contain images that have been virtually staged for marketing purposes. These images are intended to provide a visual representation of the property's potential and may include digitally added furniture and décor. All information is provided in good faith and is accurate to the best of our knowledge, but Ray White Central Sunnybank takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and inspections and should satisfy themselves as to all aspects of the property prior to making any purchasing decision.
