8 Gotha Street, Cleveland, QLD 4163 | House for sale | OnTheHouse
 
FOR SALE
BY NEGOTIATION

8 Gotha Street
Cleveland QLD 4163

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Land area: 1012m2
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PRIME ¼ ACRE OPPORTUNITY IN BLUE-CHIP OYSTER POINT

Positioned in one of Cleveland's most tightly held and sought-after pockets, 8 Gotha Street presents a rare opportunity to secure a substantial 1,012m² parcel of land just one street back from the water in prestigious Oyster Point.
Widely regarded as the most desirable precinct outside of waterfront living in nearby Raby Bay, Oyster Point continues to attract buyers seeking a premium lifestyle location with exceptional long-term upside.
Whether you're looking to landbank, redevelop, or build your dream home, this property offers outstanding flexibility. Set on a level 1,012m² block, the site presents the potential to subdivide into two 506m² blocks (STCA), build a new residence while retaining the existing home, or create two brand-new homes in a location where quality properties are always in demand.
The existing residence has undergone several improvements in recent years, including a tastefully renovated ensuite with double vanities and double shower, whilst also boasting an amazing walk-in robe with custom cabinetry and an upgraded kitchen with an eye-catching tiled splash-back. Great open plan living areas, 4 bedrooms plus office and split system air-conditioning and ceiling fans providing comfortable living. A carport adjacent to the dwelling but not just that, you have fantastic side access with a concrete driveway to a double bay shed and caravan port at the rear making this a solid holding investment while future plans are prepared.
Currently returning almost $44,000 per annum in rental income, the property offers strong cash flow, allowing you to benefit from immediate returns while exploring the site's full potential.
Location wise, it is an easy walking distance to Cleveland's CBD, RSL and Oyster Point Parklands whilst also being just moments away from the newly renovated Grand View Hotel, Raby Bay harbour, local restaurants, cafes and schools in Cleveland State School and Cleveland District State High School.
Opportunities to secure a block of this size in such a tightly held pocket of Oyster Point are becoming increasingly rare. For the astute buyer looking to secure a premium piece of real estate with endless possibilities, this is one not to be missed.
Currently leased until February 13, 2027.
*** Disclaimer: All information contained in this advertisement is considered to be reliable, however we offer no guarantee or warranty as to the accuracy of the information. First National Cleveland accepts no liability and offers no compensation for any errors or inconsistencies in the typing, wording or inclusions stated in the advertisement. Interested parties should conduct their own independent inquiries and satisfy themselves in all respects as to the available inclusions, description and suitability of the property.

Property Details for 8 Gotha St, Cleveland

8 Gotha St, Cleveland is a 4 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 1012m2. The place is currently for sale with First National Cleveland.

Building Type
House
Land Size
1012m2
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About Cleveland 4163

The size of Cleveland is approximately 11.7 square kilometres. There are 55 parks, covering nearly 19.2% of the total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.

Cleveland has 9,268 properties. Over the last 5 years, Houses in Cleveland have seen a 87.79% increase in median value, while Units have seen a 88.87% increase. As at 31 July 2026:

  • The median value for Houses in Cleveland is $1,426,036 while the median value for Units is $916,578.
  • Houses have a median rent of $800 while Units have a median rent of $630.
There are currently 95 properties listed for sale, and 55 properties listed for rent in Cleveland on OnTheHouse. According to Cotality's data, 457 properties were sold in the past 12 months in Cleveland.

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Ryan McCann
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Harrison Turner
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First National Cleveland
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