151 Shrapnel Road, Cannon Hill, QLD 4170
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151 Shrapnel Road, Cannon Hill, QLD 4170
Like to shortlist • Hide to remove • Inspect or enquire when ready
151 Shrapnel Road, Cannon Hill, QLD 4170• House
151 Shrapnel Road, Cannon Hill, QLD 4170
For SaleOffers Over $1,799,000

Fully Tenanted Rooming House in a Prime Corner Position
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
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.
Location & Transport
Your Places
Public Transport
🚆 Train Station
Cannon Hill
Distance
1.3km
Drive
4 mins
Walk
11 mins
🚌 Bus Stop
Krupp Rd near Shrapnel Rd, s...
Distance
13m
Lifestyle
🏖️ Beach
Distance
43.2km
Drive
90 mins
🌳 Park
Park
Distance
1.1km
Walk
12 mins
Land & Building Details
Property Type
House
Land Size
405m²
Joseph Leong
Place Woolloongabba
Inspections
No scheduled inspections at this time
Features
Parking
These features may be sourced from agents, AI or data based on other listings in the same building. Verify all details before transacting.