OFF MARKET

212-213/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 212-213/38 Mahogany Dr, Pelican Waters

212-213/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Sunshine Coast Regional

Last Listing description (June 2022)

Fantastic investment opportunity to purchase this dual key unit. This air-conditioned two bedroom fully furnished two bathroom unit comes complete with stylish kitchen.

A golfers dream with first class resort facilities which include swimming pools, tennis court, day spa, gymnasium, restaurant and bar are there at your door step. Current owners have enjoyed great financial returns over many years.


The private balcony provides the perfect spot to relax and unwind whilst overlooking the in-ground pool and golfing fairways.

The unit offers great rental returns and with the emerging Marina and Town Centre under construction, what a tremendous opportunity to secure a long term investment.

Don't delay, call today to inspect.

Body Corporate fees $6,822.65 per annum after discount. (approx.)
Rates $2,695.86 per annum (approx.)

**SOCIAL DISTANCING & HYGIENE PROTOCOLS SHOULD BE OBSERVED.**

Quote this reference when enquiring on this property: PEL212

(If this property is being sold by Auction or without a price, a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.)

Property History for 212-213/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
  • 20 Jan 2022
    Listed for Sale OFFERS OVER $330,000
  • 26 Mar 2020
    Listed for Sale OFFERS OVER $299,000

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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 3,714 properties. Over the last 5 years, Houses in Pelican Waters have seen a 81.45% increase in median value, while Units have seen a 84.44% increase. As at 31 October 2024:

  • The median value for Houses in Pelican Waters is $1,402,089 while the median value for Units is $896,684.
  • Houses have a median rent of $900 while Units have a median rent of $540.
There are currently 76 properties listed for sale, and 7 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Pelican waters.

Suburb Insights for Pelican Waters 4551

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.