1601/18 Spitfire Banks Drive, Pelican Waters, QLD 4551 | Property Value & History | OnTheHouse
OFF MARKET

1601/18 Spitfire Banks Drive
Pelican Waters QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
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Last updated 3 Aug 2026
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Property Details for 1601/18 Spitfire Banks Dr, Pelican Waters

1601/18 Spitfire Banks Dr, Pelican Waters is a 3 bedroom, 2 bathroom Unit with 4 parking spaces.

Building Type
Unit
Local Government
Sunshine Coast Regional

Last Listing description (January 2026)

A desirable coastal lifestyle of the very highest calibre is on offer with the purchase of this sumptuous, light-filled, north-facing penthouse, boasting ultra-elegant interiors and showcasing a breathtaking 270 panoramic vista incorporating the iconic Glass House Mountains, Caloundra CBD, marina, parkland, lakes, canals, and sweeping across to the stunning aquamarine waters of the Pumicestone Passage.

The showpiece of the prestigious, architecturally designed Corsica building within The Cove development in the heart of the Pelican Waters marina precinct; the penthouse comprises formal entry foyer, three bedrooms, two fully tiled bathrooms plus powder room, sleek galley-style kitchen with butler's pantry, two separate living areas, expansive wraparound terrace, full sized laundry, and storeroom with built-in cabinetry. There is also a 12x5m2 four-car garage bay with extra storage cage.

Bespoke, customised features of this particular penthouse set it apart from others in the building including 5000mm soaring ceilings with modern square set finishes, sliding doors to terrace from all bedrooms, Villeroy and Boch tapware, stand-alone 1.8-metre luxury bathtub in main bathroom, motorised blind in master bedroom; along with additional quality extras the owners have invested in that enhance value, comfort, and appeal.

Ducted air-conditioning, ceiling fans, soft close fluted 2-pac cabinetry, 60mm Taj Mahal stone benches in kitchen, hot/cold zip tap, high-end integrated appliances, full length motorised sheer curtains, American Oak timber flooring throughout, tinted glazing on all windows, ambient lighting, and audio-visual security; are among the suite of impressive features.

From your private sixth floor terrace you can savour both glorious sunrises and dramatic sunsets; a magnificent platform for a freshly brewed morning espresso, a gourmet lunch, and a twilight wine as you witness the dazzling spectacle of the city lights shimmering and sparkling their kaleidoscope of colour: pure magic. The joie de vivre truly doesn't get better than this.

Residents and guests of Corsica have access to fabulous onsite facilities including resort style heated saltwater pool and sunbathing terrace and landscaped communal gardens (including vegetable garden); located directly opposite a 2.2-hectare waterfront park and playground there's wonderful open outdoor space for the children and grandchildren to enjoy.

Just a short stroll to the marina where you can berth your boat, and footsteps to supermarkets, boutique dining, waterfront tavern, and kilometres of pedestrian/cycling pathways providing excellent connectivity around the entire precinct; your day can start and end of foot.

The CBD and major amenities including championship golf course, patrolled beaches, private and public schools, hospitals, and shopping centres are within a 5-20-minute driving radius; it is 30-minutes to Sunshine Coast Airport and one hour to Brisbane International Airport.

Invest in a world-class lock-and-leave lifestyle that many can only dream of. 1601/18 Spitfire Drive embodies the height of luxury, and the very essence of sophistication and modern refinement.

Sumptuous, light-filled north-facing penthouse with sweeping 270 views
3 bedrooms, 2.5 fully tiled luxury bathrooms, 2 separate living zones
Premium galley kitchen with high-end appliances & butler's pantry
Expansive wraparound terrace showcasing mountain, city, & ocean views
Secure 4-car basement garage + storage cage, lift access to all floors
5-metre ceilings (highest in building), elegant interiors, luxe fixtures/fittings
American oak flooring throughout, ducted A/C, ceiling fans, tinted windows
Seamless integrated indoor/outdoor living - all bedrooms open to terrace
Access to sundrenched resort-style pool & manicured communal gardens
Directly opposite 2.2-hectare lakefront parkland and children's playground
Footsteps to shopping, dining, & marina + short drive to golf, beaches, CBD
World-class lock-and-leave luxury living of the highest calibre is yours to savour

Please contact Marcus Muir for private inspection on Ph : 0404 223 184

Property History for 1601/18 Spitfire Banks Dr, Pelican Waters, QLD 4551

A timeline of how this property has performed in the market
  • 12 Nov 2025
    Listed for Sale FOR SALE
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About Pelican Waters 4551

The size of Pelican Waters is approximately 8.4 square kilometres. There are 15 parks, covering nearly 17.6% of the 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 3,792 properties. Over the last 5 years, Houses in Pelican Waters have seen a 57.47% increase in median value, while Units have seen a 91.90% increase. As at 31 July 2026:

  • The median value for Houses in Pelican Waters is $1,675,933 while the median value for Units is $1,172,139.
  • Houses have a median rent of $990 while Units have a median rent of $750.
There are currently 37 properties listed for sale, and 6 properties listed for rent in Pelican waters on OnTheHouse. According to Cotality's data, 197 properties were sold in the past 12 months in Pelican waters.

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Cotality Copyright and Legal Disclaimers about Property Data
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.