420-421/38 Mahogany DrivePelican Waters QLD 4551
Property Details for 420-421/38 Mahogany Dr, Pelican Waters
420-421/38 Mahogany Dr, Pelican Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.
Last Listing description (March 2018)
This Property is exceptional Buying, and the owners instructions are "BRING ME AN OFFER", awesome rental return with secure tenants on long term lease. Don't miss this very rear opportunity, to secure a cash flow positive investment!
Situated within this sensational 4.5 star resort is an amazing investment opportunity. The Sebel Resort Pelican Waters is surrounded by the Greg Norman designed championship Golf Course, the Sebel is the perfect location for a getaway retreat or just enjoy the wonderful lifestyle this resort has to offer. With breath taking views to the Glass House Mountains, and only a short distance to Golden Beach and Caloundra, this dual key apartment will impress event the most astute investor.
Situated on the level 4, this fantastic dual key apartment comes fully furnished, with unit 420 being fully self contained, and has a spacious bedroom, galley style kitchen with stone bench tops, generous ensuite, tiled floor to ceiling, built in robes, ducted air conditioning, with the living area opening up onto a great size balcony, with fantastic views over a large resort pool, ponds and world class golf course. Currently rented for $340 p/w till June 2018.
Owning a dual key apartment has many advantages, such as you can rent one out and holiday in the other one or there is the ability to have both in the resort letting pool.
Unit and complex features include:
1 Bed self contained studio with spa and laundry. rented $340 p/w
1 Bed hotel style room with ensuite. Rented $240 p/w
Fully furnished apartments.
Resort reception and parking.
Onsite Restaurant and Bar.
Pool, day spa and gym facilities.
Next door to Pelican Waters Golf Club & world class golf course.
Call to arrange your private viewing.
Property History for 420-421/38 Mahogany Dr, Pelican Waters, QLD 4551
- 24 Apr 2017Listed for Sale Under Contract $275,000
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 3,870 properties. Over the last 5 years, Houses in Pelican Waters have seen a 48.53% increase in median value, while Units have seen a 83.36% increase. As at 31 August 2026:
- The median value for Houses in Pelican Waters is $1,635,833 while the median value for Units is $1,166,828.
- Houses have a median rent of $995 while Units have a median rent of $815.
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