328/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 328/38 Mahogany Dr, Pelican Waters
328/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 109m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (January 2025)
OFFER PENDING
328/329 38 MAHOGANY DRIVE PELICAN WATERS
This highly sought after, end of building dual key investment apartment offering three balconies provides you with a beautiful one bedroom, one bathroom unit plus a separate fully self-contained unit room with internal access. The ultimate property in an iconic position with a myriad of lifestyle holiday and income options at Pelican Waters Resort overlooking the Pelican Waters Golf Club.
Ideal for those looking for an excellent investment opportunity that will provide you with strong returns and the benefit of some holiday fun whilst generating extra income. It doesn't matter how you look at it, we know you will love generating a solid income and holidaying here.
Fully furnished one bedroom unit plus a separate motel room
Contemporary design featuring open plan living
Well maintained resort style complex with on-site management
Three balconies overlooking the golf course
Sparkling heated inground lap pool plus children's pool
2 Tennis Courts - access to the gymnasium by membership
Secure car spaces and close to public transport
10 minutes to the Caloundra CBD & local beaches
20 minutes to Sunshine Coast Airport
The resort offers two refreshing swimming pools as well as a heated lap pool, a barbecue area and lush gardens. The location is paramount with direct access to Pelican Waters Golf Club, within easy walking distance to Golden Beach shops, shopping centres and Tavern.
Dual key apartments rarely become available to the market, contact Thomas Garland today to arrange a private inspection between holiday bookings.
Property History for 328/38 Mahogany Dr, Pelican Waters, QLD 4551
- 28 Dec 2024Sold for $396,000
- 17 Dec 2024Listed for Sale $429,000
- 29 Apr 2023Sold for $345,000
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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