310/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 310/38 Mahogany Dr, Pelican Waters
310/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 134m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (September 2022)
This dual key unit at the Pelican Waters Resort offers golf enthusiasts the chance to stay and play, whenever they like. Dual key consists of two units, both one bed, one bath. One unit has kitchen facilities, walk in robe and ensuite. The other is a motel style unit with 2 double beds and ensuite.
The complex is a popular destination for golfers, weddings and conferences, and generates attractive income. Clientele staying in the complex can wind down by relaxing by the resort pool, play tennis or use the gym facilities, wine and dine, or have a round of golf. The inviting atmosphere provides accommodation for short or longer stays with holiday letting and week-end getaways.
The real value is to buy into the sought after Pelican Waters precinct while it experiences continued growth and expansion.
. Investment value with solid occupancy and returns
. Fantastic facilities with pools, tennis courts, gymnasium, day spa and dining.
. Perfect positioning for Golf enthusiasts.
. North facing aspect with captivating views
. Ducted reverse cycle heating and cooling
. Secure undercover car accommodation
. Walking and bike tracks
. In-house as well as room service and alfresco dining
. Furniture package
RATES: $2,950 per annum (approx.)
Property History for 310/38 Mahogany Dr, Pelican Waters, QLD 4551
- 30 May 2022Sold for $375,000
- 23 Mar 2022Listed for Sale UNDER CONTRACT. Offers Over $385,000
- 14 Jun 2012Listed for Rent - Price not available
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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