309 Cornwall Street, Greenslopes, QLD 4120 | House for sale | OnTheHouse
 
FOR SALE
AUCTION

309 Cornwall Street
Greenslopes QLD 4120

Bedrooms: 6
Bathrooms: 2
Car spaces: -
Land area: 405m2
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Auction Time
Thu 22 Oct 6:00 pm
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No upcoming inspections scheduled.
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THE PERFECT OPPORTUNITY FOR ALL BUYERS

Proven rental income. A sought-after inner-south address. Room to make it your own. Owners are motivated to move on, they have committed to another project.
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
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Property Details for 309 Cornwall St, Greenslopes

309 Cornwall St, Greenslopes is a 6 bedroom, 2 bathroom House. The property has a land size of 405m2. The place is currently for sale with Ray White Logan City.

Building Type
House
Land Size
405m2
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About Greenslopes 4120

The size of Greenslopes is approximately 2.5 square kilometres. There are 11 parks, covering nearly 10.5% of the total area. The population of Greenslopes in 2016 was 8936 people. By 2021 the population was 7941 showing a population decline of 11.1% in the area during that time. The predominant age group in Greenslopes is 20-29 years. Households in Greenslopes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenslopes work in a professional occupation.In 2021, 45.90% of the homes in Greenslopes were owner-occupied compared with 40.80% in 2016.

Greenslopes has 4,794 properties. Over the last 5 years, Houses in Greenslopes have seen a 47.52% increase in median value, while Units have seen a 98.16% increase. As at 31 August 2026:

  • The median value for Houses in Greenslopes is $1,518,235 while the median value for Units is $864,401.
  • Houses have a median rent of $783 while Units have a median rent of $625.
There are currently 24 properties listed for sale, and 10 properties listed for rent in Greenslopes on OnTheHouse. According to Cotality's data, 159 properties were sold in the past 12 months in Greenslopes.

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Fayzaan Omar
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Sophie Mckinnon
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Ray White Logan City
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