OFF MARKET

207/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 103m2
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Property Details for 207/38 Mahogany Dr, Pelican Waters

207/38 Mahogany Dr, Pelican Waters is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 103m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2005
Floor Size
105m2
Land Size
103m2
Local Government
Sunshine Coast Regional
Lot/Plan
205/SP168156

Last Listing description (January 2023)

This spacious and well-presented furnished unit features in a "golfers paradise" and comes with a full-size kitchen and separate laundry. Pelican Waters Resort itself is a boutique complex that ticks all the boxes for someone wanting to put lifestyle, golfing and low maintenance living at the forefront of their property or investment search. Everything from the on-site management, Greg Norman world class Pelican Waters Golf Club at your doorstep, pristine heated swimming pool, tennis court, art gallery, hairdresser, excellent restaurant and Sportsman's Bar, gymnasium and sauna.

The Pelican Waters Resort long term tenancy in this building via the "Hotel Pool" system provides great returns and the opportunity for the owners to use from time to time when visiting the Sunshine Coast.

All Resort facilities are on offer, and in our opinion, this is a great long term investment opportunity with the Pelican Waters Golf Course (home to the Queensland Open in 2020 and 2021) and club house currently being redesigned and refurbished. Coupled with the new Pelican Waters Marina Precinct due to be completed by the end of 2022/beginning of 2023, these additions and surrounding infrastructure offer even greater reasons to live the dream and have a piece of Pelican Waters

One bedroom
Full size kitchen
Separate laundry room
Resort style swimming pool
Tennis court
Golfer's paradise
Secure underground parking
Pelican Waters Shopping Centre 3-5 minute drive
Caloundra CBD and local beaches 10-15 minute drive
Sunshine Coast University Hospital 20 minutes drive
Sunshine Coast Airport 35 minutes drive
Brisbane CBD and International Airport 1hr 15 minutes drive
Body Corporate fees: $7,503.05 after discount
Rates $3,219.70 per annum

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

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Property History for 207/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$255,000
07 Dec 2022
  • 07 Dec 2022
    Sold for $255,000
  • 19 Oct 2022
    Listed for Sale Under Contract !
  • 27 Apr 2022
    Listed for Sale Offers Over $215,000
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About Pelican Waters 4551

The size of Pelican Waters is approximately 8.4 square kilometres. It has 15 parks covering nearly 17.6% of total area. The population of Pelican Waters in 2011 was 5,046 people. By 2016 the population was 6,278 showing a population growth of 24.4% in the area during that time. The predominant age group in Pelican Waters is 60-69 years. Households in Pelican Waters are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pelican Waters work in a professional occupation. In 2011, 82.2% of the homes in Pelican Waters were owner-occupied compared with 82.7% in 2016.

Pelican Waters has 3,719 properties. Over the last 5 years, Houses in Pelican Waters have seen a 84.64% increase in median value, while Units have seen a 95.38% increase. As at 30 November 2024:

  • The median value for Houses in Pelican Waters is $1,428,874 while the median value for Units is $927,476.
  • Houses have a median rent of $900 while Units have a median rent of $540.
There are currently 67 properties listed for sale, and 10 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 208 properties were sold in the past 12 months in Pelican waters.

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