207/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 207/38 Mahogany Dr, Pelican Waters
207/38 Mahogany Dr, Pelican Waters is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 103m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 1 bedroom House sold in Pelican Waters in the last 12 months.
Last Listing description (March 2026)
This spacious and well-presented "sold as seen" furnished "Hotel Pool" apartment locates itself in a "golfers paradise" and comes with a full-size kitchen and separate laundry. The Pelican Waters Resort itself is a boutique complex that ticks all the boxes for someone wanting to put lifestyle, golfing and low maintenance living at the forefront of their property or investment search. Everything from the on-site management/reception, Greg Norman designed world class golf course on your doorstep, pristine heated swimming pool, tennis courts, excellent restaurant and Sportsman's Bar, and on-site gymnasium.
The Pelican Waters Resort long term tenancy in this building via the "Hotel Pool" system provides great returns and the opportunity for the owners to use the apartment for up to three months per year when visiting the Sunshine Coast.
All Resort facilities are on offer, and in our opinion, this is a great long term investment opportunity with the Pelican Waters Golf Course having recently redesigned and refurbished club house only a short stroll away. Coupled with the new Pelican Waters Marina Precinct all these additions and surrounding infrastructure offer even greater reasons to live the dream and have a piece of Pelican Waters real estate.
One bedroom
Full size kitchen
Separate laundry room
Spacious balcony
Resort style swimming pool
Tennis courts
Golfer's paradise
Communal parking space at front of complex
Pelican Waters Shopping Centre 3-5 minute* drive
Caloundra CBD and local beaches 10-15 minute* drive
Sunshine Coast University Hospital 20 minute* drive
Sunshine Coast Airport 35 minute* drive
Brisbane CBD and International Airport 1hr 15 minute* drive
Body Corporate fees: $10,607.04 before discount (20% discount for on-time payments)
Rates $5,733.52 per annum*
*Approximately
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 207/38 Mahogany Dr, Pelican Waters, QLD 4551
- 28 Feb 2026Sold for $360,000
- 13 Feb 2026Listed for Sale Offers Over $360,000
- 07 Dec 2022Sold for $255,000
Recent sales nearby
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0About 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.
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