FOR SALE

802/38 Mahogany Drive
Pelican Waters QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 192m2
This property is currently on the market
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Property Details for 802/38 Mahogany Dr, Pelican Waters

802/38 Mahogany Dr, Pelican Waters is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 192m2 and floor size of 162m2.This Property is currently listed for sale with Coronis Inner South

Building Type
Unit
Year Built
2005
Floor Size
162m2
Land Size
192m2
Local Government
Sunshine Coast Regional
Lot/Plan
803/SP168156

Last Listing description (October 2024)

This magnificent 3 bedroom, 2 bathroom sub-penthouse apartment with its 270-degree uninterrupted views over Pelican Waters, the ocean, the hinterland and Glass House Mountains, offers an astute buyer the opportunity to acquire a prestigious property with a 212sqm entertaining deck accessible from every room.

The recently renovated interior showcases open-plan living and dining at its best, with its centrally located modern kitchen and new appliances.

The large roof garden deck is an entertainers dream and has had many diverse uses over the years including wedding receptions and book launches.

In addition to the very best in living, the apartment provides the owner access to the best of resort living with its grand entry, impressive reception area, two large swimming pools (the lap pool is heated) gym (membership required) and 2 tennis courts. The ground floor restaurant offers a lazy breakfast if required and Thai cuisine for lunch or dinner.

The Resort security allows one to just lock-up and take a long holiday and also offers the opportunity to have the apartment rented through the Centre Management.

Features:

- The vast 212sqm elevated private terrace with 270-degree breathtaking views
- Spacious open-plan design for living, dining and entertaining
- Expansive master suite, spacious ensuite with walk-in wardrobe
- Spacious second and third bedrooms with direct access to the terrace roof deck
- Both bathrooms and powder room all have non-slip flooring
- Exquisite recently upgraded kitchen with stone benches, wine storage and all new appliances
- Ducted air-conditioning,
- Extra-large separate laundry with external pullout line
- Unique apartment due to exclusive use of the spacious terrace deck for spectacular outdoor entertaining
- Freshly painted throughout
- Remote controlled lights and ceiling fans in all bedrooms
- Private resort entry, secure double carpark and storage cage
- Access to full resort facilities, including tennis courts and swimming pools & gym (membership required)
- The resort security for the units and the carpark gives peace of mind whilst you lock-up and travel
- On a lighter note, no lawns to cut, no pool to clean, no bins to put out and all external maintenance undertaken by the Centre Management
- Opportunity exists to have the apartment rented through the Centre Management whilst travelling
- Adjoining the prestigious Pelican Waters Golf Club and the multimillion-dollar Palm Lake development
- Just minutes to Caloundra CBD and the surrounding award-winning beaches
- Approximately 35 minutes to the Sunshine Coast Airport and Sunshine Plaza
- Approximately 50 minute drive to Noosa
- Brisbane International and Domestic Airports just over 1 hour drive
- Approximately 20 minutes to the Sunshine Coast Hospital

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 802/38 Mahogany Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
Last Sold
$1,200,000
08 Sep 2023
Listed for Rent
$525/w
10 May 2020
  • 10 Oct 2024
    Listed for Sale Offers Over $1,250,000
  • 09 Apr 2024
    Listed for Sale Offers Over $1.55m
  • 14 Sep 2023
    Listed for Sale Contact Agent
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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.

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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.