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Back 207/38 Mahogany Drive
Off Market

207/38 Mahogany Drive

Pelican Waters QLD 4551

1
1
1
103 m²
House
Last sold for $360,000
Monica D'EspagnacMonica D'Espagnac, last sold this property on 05 March 2026 after 20 days on market.

Overview

This Investment Opportunity Offers Good Income And Excellent Capital Growth Potential

This spacious and well-presented "sold as seen" furnished "Hotel Pool" apartment locates itself in a "golfers paradise" and comes with a full-size kitchen and separate laundry. The Pelican Waters Resort itself is a boutique complex that ticks all the boxes for someone wanting to put lifestyle, golfing and low maintenance living at the forefront of their property or investment search. Everything from the on-site management/reception, Greg Norman designed world class golf course on your doorstep, pristine heated swimming pool, tennis courts, excellent restaurant and Sportsman's Bar, and on-site gymnasium. The Pelican Waters Resort long term tenancy in this building via the "Hotel Pool" system provides great returns and the opportunity for the owners to use the apartment for up to three months per year when visiting the Sunshine Coast. All Resort facilities are on offer, and in our opinion, this is a great long term investment opportunity with the Pelican Waters Golf Course having recently redesigned and refurbished club house only a short stroll away. Coupled with the new Pelican Waters Marina Precinct all these additions and surrounding infrastructure offer even greater reasons to live the dream and have a piece of Pelican Waters real estate. • One bedroom • Full size kitchen • Separate laundry room • Spacious balcony • Resort style swimming pool • Tennis courts • Golfer's paradise • Communal parking space at front of complex • Pelican Waters Shopping Centre 3-5 minute* drive • Caloundra CBD and local beaches 10-15 minute* drive • Sunshine Coast University Hospital 20 minute* drive • Sunshine Coast Airport 35 minute* drive • Brisbane CBD and International Airport 1hr 15 minute* drive • Body Corporate fees: $10,607.04 before discount (20% discount for on-time payments) • Rates $5,733.52 per annum* *Approximately Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
103 m² lot size
House

Estimated Value

We need at least 3 similar 1 bedroom houses sold in Pelican Waters over the last 12 months.

Property history for 207/38 Mahogany Drive

2026
Sold
$360,000
05 Mar 2026 by Monica D'Espagnac, of Coronis Pelican Waters
2022
Sold
$255,000
Sold Before Auction on 18 Dec 2022 by Dwight Ferguson, of Coronis Pelican Waters
2022
Sold
$240,000
Private Sale/Treaty on 28 Feb 2022 by Louis D'Espagnac, of Coronis Sunshine Coast

Happy sellers in Pelican Waters

86%
86% of sellers in Pelican Waters reported that their sale price either exceeded or met their price expectations.

Pelican Waters stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Pelican Waters over the last 12 months.

Local market activity for 1 bedroom houses in Pelican Waters

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Pelican Waters

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Steve Venn

Steve Venn is an award winning recommended agent for Pelican Waters.  They have 5 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (183 reviews)
  •  6 Reviews in Pelican Waters
  •  5 Sales in Pelican Waters
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Sean Carter

Sellers who recommend Sean Carter have praised them for being clear communication, local expert, responsive, reliable, great negotiation, honest and supportive

  •   5   (193 reviews)
  •  5 Reviews in Pelican Waters
  •  3 Sales in Pelican Waters
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Yianni J. Mooney

Yianni J. Mooney is an award winning recommended agent for Pelican Waters.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (171 reviews)
  •  3 Reviews in Pelican Waters
  •  3 Sales in Pelican Waters
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Scott Louis

Scott Louis is a recommended agent for Pelican Waters.  They have 2 local sales and collected 4 local reviews across the last 12 months.

  •   5   (204 reviews)
  •  4 Reviews in Pelican Waters
  •  2 Sales in Pelican Waters
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