OFF MARKET

508/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 146m2
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Property Details for 508/38 Mahogany Dr, Pelican Waters

508/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 146m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2005
Floor Size
124m2
Land Size
146m2
Local Government
Sunshine Coast Regional
Lot/Plan
509/SP168156

Last Listing description (April 2021)

This generously sized two-bedroom unit enjoys peaceful views to the first hole, golf course lake and the gorgeous Glass House Mountains. It has a popular floor plan that gives you separate living and dining/office spaces, both taking in the impressive views, and approximately 200sqm of outdoor space which is mostly covered. Suitable for owner occupiers or investors, this unit is a must to inspect!

~ Two bedrooms, two spacious bathrooms - master has ensuite

~ New paint and carpet
~ Single lockup garage with storage
~ Floorplan available
~ Access to all facilities including heated lap pool, resort pool, tennis court and gym
~ Restaurant and golf course on your doorstep
~ Complex has lift and onsite manager
~ Walk to the new Pelican Waters marina precinct
~ Vendor encourages all offers


**COVID-19 RESTRICTIONS FOR PROPERTY INSPECTIONS: A MAXIMUM OF 20 ATTENDEES ARE PERMITTED INSIDE THE BUILDING AT ANY ONE TIME, WITH AN ADDITIONAL MAXIMUM OF 3 PEOPLE PERMITTED TO CONDUCT THE OPEN HOME. THERE MUST BE NO MORE THAN ONE PERSON PER 4 SQUARE METRES. SOCIAL DISTANCING & HYGIENE PROTOCOLS SHOULD BE OBSERVED. ATTENDEES WILL BE REQUIRED TO REGISTER THEIR CONTACT DETAILS FOR TRACING PURPOSES.**

RATES: $2,900 per annum (approx.)

Quote this reference when enquiring on this property: PEL508

(If this property is being sold by Auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes).

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Property History for 508/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$540,000
25 Jan 2021
Listed for Rent
$360/w
29 Jun 2007
  • 25 Jan 2021
    Sold for $540,000
  • 22 Dec 2020
    Listed for Sale $549,000
  • 14 Oct 2014
    Listed for Sale OFFERS OVER $500,000
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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.
There are currently 77 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to CoreLogic's data, 211 properties were sold in the past 12 months in Pelican waters.

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