403/38 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 January 2019.
This 4th floor unit in The Sebel Resort Pelican Waters is ideal for any investment portfolio. The dual key offering comprises of a fully self-contained one bedroom, one bathroom unit with a kitchenette and an additional studio style apartment with two double beds and a bathroom. Each unit has their own balcony taking in the light sea breezes. With solid occupancy rates, a wonderful opportunity is on offer.
~ Full resort facilities including two swimming pools, tennis court & BBQ area
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 3,715 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:
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