428 & 429/38 Mahogany Dr, Pelican Waters, QLD, 4551

SoldJun 17, 2025

428 & 429/38 Mahogany Dr, Pelican Waters, QLD, 4551

$425,000

Unit

•

30+ days on the market

Sold: Jun 17, 2025

What's around 428 & 429/38 Mahogany Dr

Fantastic Investment Opportunity With Great Returns & Excellent Long-term Growth!

Calling all shrewd Investors looking to secure a "Hotel Pool" dual key apartment in the prestigious Pelican Waters Resort. Not only can you get a great annual return you can also use your investment for personal use for up to 3 months of the calendar year for long weekends, golf holidays or school holiday breaks here in this fantastic location on the Sunshine Coast. The apartments both come fully furnished and with their own balconies (the one-bedroom apartment benefiting from two balconies) separate bathrooms and their own private entrances. Both apartments come with air-conditioning and built-in wardrobes. The one-bedroom apartment has its own lounge area and bedroom, bathroom/ensuite coupled with its own laundry cupboard with washing machine and tumble dryer and two balconies both with far reaching views. The studio apartment has a lounge and bedroom area combined with its own bathroom and its own balcony again with far reaching views. This dual key apartment has two parking spaces in the secure underground parking area at the Pelican Waters Resort. The property is a short stroll to the Pelican Waters Golf Course and Club House which is ideal for any golf lovers coming on holiday on The Sunshine Coast. The Resort offers two refreshing swimming pools as well as a heated lap pool, a barbecue area and lush gardens and tennis courts. The Pelican Waters Resort also has its own restaurant, sports bar and "room service" facility. 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 so please contact Louis d'Espagnac on 0431898940 to not miss out on this excellent investment opportunity. - Fully furnished one bedroom apartment plus a separate Studio apartment - 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-minute to the Caloundra CBD & local beaches - *30-minute to Sunshine Coast Airport & Sunshine Plaza - *45-minute drive to Noosa - *1hr 10 mins drive to Brisbane International & Domestic Airports - Rates $2,640.50 per half year - Body corporate $10,226.43 after discount * 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.