149 Shrapnel Road, Cannon Hill, QLD, 4170

Fully Tenanted Rooming House in a Prime Corner Position

House
Type
5
Bedrooms
5
Bathrooms
2
Parkings

Last updated on Saturday, March 14, 2026 ( See property details for 149 Shrapnel Road, Cannon Hill, QLD, 4170)

Offers Over $1,799,000

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A modern, fully tenanted five-bedroom, five-bathroom house with energy-efficient features, situated in a prime corner position just 9km from Brisbane CBD, offering excellent investment potential.

🏡 Property Highlights

  • Fully tenanted with high rental income of over $100,000 annually
  • Prime corner position on a 405sqm allotment
  • Modern two-storey design built in 2018 with energy-efficient features
  • Five bedrooms, each with ensuites and private access
  • Energy-efficient 15kW solar system included
  • Excellent central location near schools, transport, and amenities

✨ Key Features

  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Solar Panels
  • Balcony
  • Security Screens / Gates
  • Ceiling Fans

Cannon Hill is a vibrant suburb offering excellent connectivity and lifestyle amenities. Key points include: proximity to Brisbane CBD, access to quality schools like Cannon Hill Anglican College, abundant shopping and dining options, excellent public transport links including train and bus services, and nearby parks and recreational areas such as Colmslie Reserve. The area combines convenience with a family-friendly community atmosphere, making it highly desirable for tenants and investors alike.

What is the current rental income and lease status?
The property is fully tenanted with a combined weekly income of over $1,995, with lease terms ranging from fixed-term agreements until 2026 and periodic arrangements.
What are the energy features of the property?
The house is equipped with a 15kW solar system, contributing to energy efficiency and reduced operating costs.
Is the property suitable for investment purposes?
Yes, the property offers a high rental yield, is fully tenanted, and requires minimal operating costs, making it an excellent investment opportunity.
What amenities are nearby?
The property is close to schools, shopping centres like Westfield Carindale and Cannon Hill Plaza, public transport including bus stops and train station, and recreational areas such as Colmslie Reserve.
Are there any building or pest reports available?
Yes, a Building and Pest report is available upon request for prospective buyers.
Are there any upcoming or planned developments in the area that could affect the property's value or rental demand? What are the zoning restrictions and potential for future development on the property? Are there any easements, covenants, or other encumbrances affecting the property? Has the property been inspected for structural issues or defects beyond the pest report? Are there any known issues with the property's compliance with local building codes or regulations? What are the total ongoing costs, including rates, water, and maintenance? Is there any history of flooding or bushfire risk in this area? Are there any restrictions or conditions related to the rooming accommodation certification? What is the history of the property's occupancy and rental performance? Are there any planned infrastructure projects or construction nearby that could impact the property?

149 Shrapnel Road, Cannon Hill, QLD, 4170 - More Details

Fully Tenanted Rooming House in a Prime Corner Position

Type
House
Bedrooms
5
Bathrooms
5
Parkings
2

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