1501/18 Spitfire Banks Dr, Pelican Waters, QLD 4551 | Unit for sale | OnTheHouse
 
FOR SALE
$2,495,000

Spitfire Banks Drive
Pelican Waters QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 246m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Luxe North Facing Sub-Penthouse!

Invest in a lifestyle of curated luxury and sophistication with the purchase of this north-facing sub-penthouse in the architecturally designed Corsica building within The Cove – a prestigious development in the heart of Pelican Waters just a short stroll to parks, marina, shopping, beaches and dining.
Across 246 square metres this light-filled apartment comprises three bedrooms, two fully tiled bathrooms plus powder room, elegant galley kitchen with butler’s pantry, open plan living/dining flowing out to expansive wraparound terrace showcasing elevated water and mountain views, second living/media room, laundry, and study; there is also secure basement parking for three vehicles.
3000mm ceilings with modern square set finishes, ducted air-conditioning, ceiling fans, high-end integrated appliances, soft close cabinetry, brushed gold tapware, natural stone benches, hot/cold zip tap, sheer curtains to sliding doors, 100% wool loop pile carpet with premium underlay, imported Italian tiles, and audio-visual security are among the extensive suite of features.
The floor plan offers family-sized living and incorporates seamless integrated indoor/outdoor flow with the main living/dining, and two of the three bedrooms opening directly out to the covered terrace where you can savour glorious sunrises, spectacular sunsets, gentle breezes and a sweeping vista to the north, east, and west to the iconic Glass House Mountains.
Completed in late 2024, the building is one of the region’s most striking and desirable, and owner-occupiers of this sub-penthouse have kept it looking shiny and new; it is turnkey ready to move straight into and live an amazing coastal lifestyle so close to stunning beaches, a championship golf course, boutique dining, and Caloundra CBD.
Residents and guests have access to premier resort-style facilities including heated saltwater pool and sunbathing terrace on northern side, manicured gardens including communal vegetable garden, and there is a waterfront playground directly opposite, perfect for the children or grandchildren to enjoy.
Walk across the neighbouring bridge to the marina for shopping and dining; and return home on foot for a drink on your exclusive terrace overlooking the marina and beyond. Local schools are within a 5–10-minute driving radius, it’s 20 minutes to major hospitals, 35 minutes to the Sunshine Coast Airport, and 65 minutes to Brisbane International Airport.
Purchase today and look forward to a lifestyle of leisure and pleasure in comfort, style, and privacy. You will want for nothing. This is first-class luxe living at its finest.
Summary of Features:
- 246m2 north facing sub-penthouse in architecturally designed Corsica building
See More

Property Details for 1501/18 Spitfire Banks Dr, Pelican Waters

1501/18 Spitfire Banks Dr, Pelican Waters is a 3 bedroom, 2 bathroom Unit with 3 parking spaces. The property has a floor size of 246m2. The place is currently for sale with Town Pty Ltd.

Building Type
Unit
Floor Size
246m2
Commute Calculator

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 2016 was 6277 people. By 2021 the population was 7393 showing a population growth of 17.8% 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 2021, 85.60% of the homes in Pelican Waters were owner-occupied compared with 82.70% in 2016.

Pelican Waters has 3,788 properties. Over the last 5 years, Houses in Pelican Waters have seen a 92.45% increase in median value, while Units have seen a 93.50% increase. As at 31 October 2025:

  • The median value for Houses in Pelican Waters is $1,559,848 while the median value for Units is $1,037,964.
  • Houses have a median rent of $900 while Units have a median rent of $698.
There are currently 23 properties listed for sale, and 10 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 228 properties were sold in the past 12 months in Pelican waters.

Pelican Waters Profile Page

Suburb Insights for Pelican Waters 4551

Visit Pelican Waters profile page
Market Insights
Pelican Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Pelican Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Pelican Waters profile page
Contact agent
agent headshot
Bobby O'Hara
Show contact details
Call agent
Town Pty Ltd
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED