OFF MARKET

504/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 126m2
Land area: 148m2
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Property Details for 504/38 Mahogany Dr, Pelican Waters

504/38 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 148m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2005
Floor Size
126m2
Land Size
148m2
Local Government
Sunshine Coast Regional
Lot/Plan
505/SP168156

Last Listing description (May 2021)

- Expansive 5th floor apartment with stunning views
- 2 spacious bedrooms, main with en suite, private balcony
- Breath taking north facing views over lake & Golf Course

- Central modern kitchen with stone bench tops
- Large open plan living and dining areas, ducted aircon
- On site Restaurant and Bar.
- 2 pools, tennis court, gym
- Secure underground car park

Agent Comments:
Pelican Waters Resort- This is a perfect investment & lifestyle opportunity for the astute investor.
Designed to impress with quality fixtures and fittings, the 5th floor apartment boasts extensive north facing views over looking the Greg Norman designed golf course and closely located to Golden Beach and Caloundra township.
Two spacious bedrooms with built in robes, main with en suite and private balcony, and generous living and dining areas flowing out to the stunning vista shared by the local wildlife and golfing fraternity. The spacious modern kitchen has stone bench tops and ample cupboard space.
The amenities on offer are extensive and the on site restaurant and bar set the scene for a relaxing evening.
Tennis court, dual pools and gym facilities, manicured grounds, next to the golf course- it's all here!
Ideally situated within minutes to Pelican Shopping Centre and Golden Beach and coastal pathways.
Fantastic tenants in place at $420.00 per week.
Exceptional value on this Investment Opportunity !

Property History for 504/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$440,000
01 Apr 2021
Listed for Rent
$400/w
26 Oct 2013
  • 01 Apr 2021
    Sold for $440,000
  • 23 Feb 2021
    Listed for Sale SOLD - $440,000
  • 25 May 2018
    Sold for $350,000
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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 3,709 properties. Over the last 5 years, Houses in Pelican Waters have seen a 90.01% increase in median value, while Units have seen a 79.56% increase. As at 30 September 2024:

  • The median value for Houses in Pelican Waters is $1,425,135 while the median value for Units is $880,470.
  • Houses have a median rent of $900 while Units have a median rent of $540.
There are currently 82 properties listed for sale, and 7 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 223 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.