413/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 413/38 Mahogany Dr, Pelican Waters
413/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 106m2.
Last Listing description (May 2024)
The ultimate lifestyle property investment!
On offer is an amazing dual key (two separate units) North Facing apartment positioned with your balconies overlooking the spectacular Greg Norman designed Pelican Waters Golf course, one of Australia's top courses, and the beautiful lake surrounds.
This opportunity presents two potential income streams from the two separate but adjoining units. Both units are fully furnished with the quality package included in the sale of the property.
This investment is perfectly positioned in prime location in one of Australia's fastest growth areas, assuring you long term investment return, and growth benefits.
These unique properties consist of:
- A 1 bedroom self-contained studio style short stay unit
- A second conventional 1 bedroom hotel suite
- Separate private balconies for each unit
- Secure undercover parking
- High class onsite Resort facilities including pool, restaurant, bar, tennis court and gymnasium, beautifully landscaped gardens with BBQs available
- Substantial income returns
- The chance to capitalise on Pelican Waters' prestigious reputation and proven growth
- Located close by to many of the Sunshine Coasts top tourist drawcards
- Caloundra, where Pelican Waters Resort is located, was recently voted the No.1 Tourist town in Queensland, and 3rd in the National Top Tourism Town Awards
- Owner can use for up to 3 months per year
- Outstanding occupancy rate
Don't miss this incredible investment opportunity.
Contact Exclusive Marketing Agent Denise Ruhle on the number listed above for further details or inspection information.
Please note: This unit is for Temporary Holiday Letting Accommodation only and is not suitable for owner occupier buyers.
Disclaimer: Whilst every care has been taken in the preparation of this marketing, Stone Real Estate Golden Beach will not be held liable or responsible for any errors in information displayed. All parties should carry out their own enquiries.
Property History for 413/38 Mahogany Dr, Pelican Waters, QLD 4551
- 20 Mar 2024Listed for Sale SOLD - $400,000
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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 3,798 properties. Over the last 5 years, Houses in Pelican Waters have seen a 64.20% increase in median value, while Units have seen a 87.39% increase. As at 30 June 2026:
- The median value for Houses in Pelican Waters is $1,709,313 while the median value for Units is $1,155,770.
- Houses have a median rent of $990 while Units have a median rent of $723.
Suburb Insights for Pelican Waters 4551
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