309 Cornwall Street, Greenslopes, Qld 4120

Auction

House
Type
6
Bedrooms
2
Bathrooms
405 m²
Area

Published on Wednesday, October 07, 2026 ( See property details for 309 Cornwall Street, Greenslopes, Qld 4120)

Auction

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious six-bedroom highset home in Greenslopes offering a proven rental income and versatile living options in a sought-after inner-south Brisbane location.

🏡 Property Highlights

  • Established rental income stream with low vacancy since 2011
  • Six spacious bedrooms suitable for large families or multiple tenants
  • Prime Greenslopes location close to shops, parks, schools, and transport
  • Current gross rental income of $82,160 per annum
  • Flexible property ideal for investors, families, or extended households
  • Highset home offering generous accommodation and potential for value-add

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Fully fenced
  • Garage / Secure Parking
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309 Cornwall Street
Greenslopes, QLD 4120
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Vertical aerial view — 309 Cornwall Street
309 Cornwall Street — Vertical Aerial  •  Greenslopes, QLD 4120  •  Nearmap © 2026

Greenslopes is a well-established Brisbane suburb renowned for its convenient access to the CBD, quality schools, parks, and shopping precincts. Its strong community vibe, excellent transport links, and proximity to hospitals make it highly desirable for both investors and families. The area offers a blend of character homes and modern amenities, ensuring a vibrant lifestyle. With easy access to major roads and public transport, Greenslopes provides a seamless connection to Brisbane’s inner city and beyond.

What is the current rental income and lease status?
The property generates a gross rental income of $82,160 per annum, leased as six separate rooms with lease terms extending into 2027, providing a stable income stream.
Is there potential for value-adding or renovation?
Yes, as a highset home with spacious accommodation, there is potential to update or renovate to enhance value and living comfort.
What are the nearby amenities and transport options?
The property is close to Stones Corner Village, parks, schools, and public transport including bus stops and Buranda Station, all within walking distance.
Can the property be used for large families or extended households?
Absolutely, with six bedrooms and flexible living space, it is well-suited for large families or extended households seeking ample space.
What are the zoning and planning considerations?
Interested buyers should verify local zoning regulations and planning controls with the relevant council to confirm permissible uses and any restrictions.
Are there any existing easements, covenants, or zoning restrictions that could affect future development or renovations? Has the property been inspected for structural issues, pests, or other defects? Are there any upcoming council or community developments in the area that could impact the property’s value or living environment? What are the total ongoing costs, including council rates, body corporate fees (if applicable), and maintenance? Is the property located in a flood or bushfire-prone area, and what are the associated risks?

309 Cornwall Street, Greenslopes, Qld 4120 - More Details

Auction

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.
Type
House
Bedrooms
6
Bathrooms
2
Area
405 m²

Inspections times

  • Inspection Sat 10 Oct 10:00 am

    Saturday 10 October
    10:00 am - 10:30 am

Auctions

  • 309 Cornwall Street, Greenslopes, Qld 4120

    Thursday 22 October
    6:00 pm
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