224/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 224/38 Mahogany Dr, Pelican Waters
224/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 103m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (July 2016)
Taking in northerly views of the famous Greg Norman designed Golf Course and surrounding hinterland, this DUAL KEY unit opens up a world of possibilities for the owner/investor or occasional visitor to the coast. Built as two stand alone one-bedroom apartments, the option to live/rent either/both are there for the taking. Owner wants to look at any and all offers submitted.
~ 2x one-bedroom apartments, both with good views and solid returns
~ Second unit configured to sleep four resort/holiday guests
~ Complex has large resort pool, bar, restaurant, golf course, tennis, and more
~ On site manager; Serious vendor says SELL.
RATES: $2,400 per annum (approx)
Quote this reference when enquiring on this property: PELI422
(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 224/38 Mahogany Dr, Pelican Waters, QLD 4551
- 14 Oct 2022Sold for $345,000
- 04 Jun 2018Sold for $230,000
- 31 May 2016Sold for $250,000
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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.
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