OFF MARKET

310/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 134m2
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Property Details for 310/38 Mahogany Dr, Pelican Waters

310/38 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 134m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2005
Land Size
134m2
Local Government
Sunshine Coast Regional
Lot/Plan
307/SP168156

Last Listing description (September 2022)

This dual key unit at the Pelican Waters Resort offers golf enthusiasts the chance to stay and play, whenever they like. Dual key consists of two units, both one bed, one bath. One unit has kitchen facilities, walk in robe and ensuite. The other is a motel style unit with 2 double beds and ensuite.
The complex is a popular destination for golfers, weddings and conferences, and generates attractive income. Clientele staying in the complex can wind down by relaxing by the resort pool, play tennis or use the gym facilities, wine and dine, or have a round of golf. The inviting atmosphere provides accommodation for short or longer stays with holiday letting and week-end getaways.
The real value is to buy into the sought after Pelican Waters precinct while it experiences continued growth and expansion.

. Studio apartment and motel suite opportunity for dual income
. Investment value with solid occupancy and returns
. Fantastic facilities with pools, tennis courts, gymnasium, day spa and dining.
. Perfect positioning for Golf enthusiasts.
. North facing aspect with captivating views
. Ducted reverse cycle heating and cooling
. Secure undercover car accommodation
. Walking and bike tracks
. In-house as well as room service and alfresco dining
. Furniture package

RATES: $2,950 per annum (approx.)

Property History for 310/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$375,000
30 May 2022
Listed for Rent
21 Aug 2012
  • 30 May 2022
    Sold for $375,000
  • 23 Mar 2022
    Listed for Sale UNDER CONTRACT. Offers Over $385,000
  • 14 Jun 2012
    Listed for Rent - Price not available
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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 3,683 properties.

    There are currently 79 properties listed for sale, and 7 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Pelican waters.

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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.