314/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 314/38 Mahogany Dr, Pelican Waters
314/38 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 103m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (September 2017)
'Sebel Resort Pelican Waters' is a well-managed 4 star resort in a superb location providing the perfect getaway retreat with breathtaking views of the Glasshouse Mountains, the Greg Norman designed championship Golf Course, Pelican Waters Golf Club and the seaside city of Caloundra and the Pacific Ocean. This much sought after dual key apartment at the Sebel Resort at Pelican Waters is sure to impress the most astute investor or owner occupier.
There is loads of flexibility in owning a dual key unit - you can live in one unit and rent the other to generate income; rent both out on the hotel short term letting pool or long term tenancies to generate two income avenues. Ideal for self-managed, superannuation fund (SMSF) investors.
Located on level 3, this quality dual key apartment is fully furnished, with two generous sized bedrooms. Unit 324 is self contained with a galley style stone kitchen, luxurious ensuite with a spa. Unit 325 is a hotel style room with large ensuite. Both units have built in robes, ducted air conditioning with the living areas opening onto large balconies both with magnificent views sweeping across the pool, lake and golf course.
1 Bed self contained studio with spa and laundry
2 Bed hotel style room with ensuite
Fully furnished
Solid returns and high occupancy rate through hotel short term pool
Resort reception and on-site dining
Pool, day spa and gym facilities
Property History for 314/38 Mahogany Dr, Pelican Waters, QLD 4551
- 29 Nov 2021Sold for $340,000
- 18 Aug 2017Listed for Sale $399,000
- 17 Dec 2013Listed for Rent $290 / week
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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