OFF MARKET

314/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 103m2
Land area: 103m2
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Property Details for 314/38 Mahogany Dr, Pelican Waters

314/38 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 November 2021.

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

Last Listing description (September 2017)

'Sebel Resort Pelican Waters' is a well-managed 4 star resort in a superb location providing the perfect getaway retreat with breathtaking views of the Glasshouse Mountains, the Greg Norman designed championship Golf Course, Pelican Waters Golf Club and the seaside city of Caloundra and the Pacific Ocean. This much sought after dual key apartment at the Sebel Resort at Pelican Waters is sure to impress the most astute investor or owner occupier.
There is loads of flexibility in owning a dual key unit - you can live in one unit and rent the other to generate income; rent both out on the hotel short term letting pool or long term tenancies to generate two income avenues. Ideal for self-managed, superannuation fund (SMSF) investors.
Located on level 3, this quality dual key apartment is fully furnished, with two generous sized bedrooms. Unit 324 is self contained with a galley style stone kitchen, luxurious ensuite with a spa. Unit 325 is a hotel style room with large ensuite. Both units have built in robes, ducted air conditioning with the living areas opening onto large balconies both with magnificent views sweeping across the pool, lake and golf course.

Inspection by appointment.
1 Bed self contained studio with spa and laundry
2 Bed hotel style room with ensuite
Fully furnished
Solid returns and high occupancy rate through hotel short term pool
Resort reception and on-site dining
Pool, day spa and gym facilities

Property History for 314/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$340,000
29 Nov 2021
Listed for Rent
$290/w
07 Jan 2014
  • 29 Nov 2021
    Sold for $340,000
  • 18 Aug 2017
    Listed for Sale $399,000
  • 17 Dec 2013
    Listed for Rent $290 / week
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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 3,711 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 78 properties listed for sale, and 8 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 217 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.