434/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 434/38 Mahogany Dr, Pelican Waters
434/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 1 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 December 2019.
Last Listing description (February 2020)
An amazing opportunity has presented itself for an investor to seek out this property.
The resort style pool will be perfect for the guests to relax and unwind. Once rejuvenated they can make full use of the gymnasium area and tennis courts.
The Sebel lifestyle is all about enjoying the facilities and picturesque surrounds.
There is an opportunity to realise two incomes from the whole Lot. This is a dual key apartment which enables the studio and motel type suite to be let out as one or separately. The studio has undergone a re-vamp and presents beautifully. Within the two units, functional living spaces lead to the balconies. The vista is certainly welcoming from the balconies with tree-line and golf course views. A view to Caloundra is evident as well which adds to the tranquility and peacefulness of the property.
* Very secure complex
* Secure car parking
* Fully furnished
* Kitchenette and small laundry facilities within the unit
* Stylish restaurant available as an added bonus
* Close to amenities, shopping and the coastal lifestyle
* Potential for a rewarding return on your investment
* Conference facilities and wedding venue available to add to your potential
income
* Golf course on hand as an added attraction with a short stroll to the club-
house
Very happy to provide more information and also relay the history of this complex.
Property History for 434/38 Mahogany Dr, Pelican Waters, QLD 4551
- 18 Dec 2019Sold for $270,000
- 26 Jul 2019Listed for Sale $290,000
- 21 Feb 2017Sold for $300,000
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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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