2/25 Pockley Street, Morningside QLD 4170

3 bed townhouse | 629sqm land | Morningside | strong owner-occupier mix This townhouse presents a rare configuration advantage for Morningside—a 629sqm lot attached to a three-bedroom strata dwelling in a five-property complex. The land component is the primary structural edge here, offering future subdivision potential or simply a generous private outdoor area that most townhouses in this price bracket lack. The property sits within established school catchments for Cannon Hill State School and Balmoral State High, and the suburb’s owner-occupier tilt supports stable demand. This suits a buyer who values land leverage without moving to a detached house, or someone seeking a longer-term hold with capital growth driven by scarcity of large strata lots in inner-east Brisbane. The main risk is price justification: the current ask sits above automated estimates, and the 2022 sale at $780,000 suggests significant recent uplift that may not repeat in the near term. Body corporate levies and exact title details need verification—whether the land is exclusive use or common property changes the proposition entirely. Rental yield at $915 per week is modest against the price, so this is not a cash-flow play. The opportunity lies in negotiating from a position of knowledge: comparable sales in Morningside and nearby suburbs will set the real ceiling. Hold for land appreciation, not income.