316/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 316/38 Mahogany Dr, Pelican Waters
316/38 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 83m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (May 2021)
DUAL KEY / DUAL INCOME
The aerial overview emphasises the enjoyable surroundings and positioning of this world class resort. Clientele staying in the complex can wind down, wine and dine. The inviting atmosphere provides accommodation for short or longer stays with holiday letting and week-end getaways.
Rich in design features, Sebel rises above the Golf Course with the units inspiring qualities of sunlight and breezes.
. Studio apartment and motel suite opportunity for dual income
. Investment value with solid occupancy and returns
. Amazing 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
Investors will be pleasantly surprised with this property on offer.
Property History for 316/38 Mahogany Dr, Pelican Waters, QLD 4551
- 16 Mar 2021Sold for $350,000
- 26 Jul 2018Listed for Sale $375,000
- 23 Dec 2005Sold for $429,000
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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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