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8 Gotha Street, Cleveland, Qld 4163

8 Gotha Street, Cleveland, Qld 4163 For Sale
8 Gotha Street, Cleveland, Qld 4163 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image 8 Gotha Street, Cleveland, Qld 4163-Image
House
Type
4
Bedrooms
2
Bathrooms
5
Parkings
1,012 m²
Area

Published on Thursday, June 25, 2026 ( See property details for 8 Gotha Street, Cleveland, Qld 4163)

BY NEGOTIATION

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

A versatile and spacious family home on a substantial 1,012m² block in the highly sought-after Oyster Point, offering excellent development potential and strong rental returns.

🏡 Property Highlights

  • Prime 1,012m² level parcel of land in sought-after Oyster Point
  • Potential to subdivide into two 506m² blocks (STCA)
  • Recently renovated ensuite with double vanities and shower
  • Open plan living areas with split system air-conditioning and ceiling fans
  • Excellent side access with concrete driveway to double bay shed and caravan port
  • Strong rental income of nearly $44,000 per annum, offering immediate cash flow

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Air Conditioning
  • Ceiling Fans
  • Outdoor Area
  • Shed
  • Waterfront / Views
  • Garage / Secure Parking
  • External Laundry
  • Ensuite
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8 Gotha Street
Cleveland, QLD 4163
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Vertical aerial view — 8 Gotha Street
8 Gotha Street — Vertical Aerial  •  Cleveland, QLD 4163  •  Nearmap © 2026

Oyster Point is a highly desirable suburb in Cleveland, renowned for its premium lifestyle, close proximity to water, and strong community atmosphere. It offers excellent walkability to local cafes, restaurants, parks, and schools, making it ideal for families and investors alike. The area boasts a mix of quality homes and development opportunities, with long-term growth potential. Its tightly held nature ensures exclusivity and value retention, attracting discerning buyers seeking a premium coastal lifestyle.

What are the development possibilities for this property?
The 1,012m² site offers potential to subdivide into two 506m² blocks (STCA), build a new residence while retaining the existing home, or develop two new homes, providing flexibility for investors or future homeowners.
What is the current rental income and lease status?
The property is currently leased until February 13, 2027, generating nearly $44,000 per annum in rental income, offering immediate cash flow.
Are there any recent renovations or upgrades?
Yes, the property features a recently renovated ensuite with double vanities and shower, a walk-in robe with custom cabinetry, and an upgraded kitchen with a tiled splash-back.
What amenities are nearby?
The property is within walking distance to Cleveland's CBD, RSL, Oyster Point Parklands, the Grand View Hotel, Raby Bay Harbour, local cafes, restaurants, and schools including Cleveland State School and Cleveland District State High School.
Is there off-street parking available?
Yes, the property has side access with a concrete driveway leading to a double bay shed and caravan port, providing secure parking options.
Are there any planning or zoning restrictions that could affect future subdivision or development plans? What are the potential costs associated with subdividing the land (STCA) or building new structures? Are there any easements, covenants, or restrictions on the property that could impact redevelopment? Has the property been tested for flood or bushfire risks in this area? Are there any upcoming planning or construction projects nearby that could affect the property's value or living environment? Is the property compliant with all building codes and regulations, especially after recent renovations? Are there any hidden costs related to maintenance of the existing structures or land improvements? What are the strata or community title considerations, if applicable? Is there any history of pest or structural issues that should be disclosed? Are there any noise or nuisance factors from nearby roads, commercial activities, or neighbours?

8 Gotha Street, Cleveland, Qld 4163 - More Details

BY NEGOTIATION

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.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
5
Area
1,012 m²

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