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1501/18 Spitfire Banks Drive, Pelican WatersFOR SALE
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1501/18 Spitfire Banks Drive

Pelican Waters, QLD 4551, Australia
FOR SALE
3 bed 2 bath 3 car246 m²

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About this property

Invest in a lifestyle of curated luxury and sophistication with the purchase of this north-facing sub-penthouse in the architecturally designed Corsica building within The Cove a prestigious development in the heart of Pelican Waters just a short stroll to parks, marina, shopping, beaches and dining. Across 246 square metres this light-filled apartment comprises three bedrooms, two fully tiled bathrooms plus powder room, elegant galley kitchen with butler's pantry, open plan living/dining flowing out to expansive wraparound terrace showcasing elevated water and mountain views, second living/media room, laundry, and study; there is also secure basement parking for three vehicles. 3000mm ceilings with modern square set finishes, ducted air-conditioning, ceiling fans, high-end integrated appliances, soft close cabinetry, brushed gold tapware, natural stone benches, hot/cold zip tap, sheer curtains to sliding doors, 100% wool loop pile carpet with premium underlay, imported Italian tiles, and audio-visual security are among the extensive suite of features. The floor plan offers family-sized living and incorporates seamless integrated indoor/outdoor flow with the main living/dining, and two of the three bedrooms opening directly out to the covered terrace where you can savour glorious sunrises, spectacular sunsets, gentle breezes and a sweeping vista to the north, east, and west to the iconic Glass House Mountains. Completed in late 2024, the building is one of the region's most striking and desirable, and owner-occupiers of this sub-penthouse have kept it looking shiny and new; it is turnkey ready to move straight into and live an amazing coastal lifestyle so close to stunning beaches, a championship golf course, boutique dining, and Caloundra CBD. Residents and guests have access to premier resort-style facilities including heated saltwater pool and sunbathing terrace on northern side, manicured gardens including communal vegetable garden, and there is a waterfront playground directly opposite, perfect for the children or grandchildren to enjoy. Walk across the neighbouring bridge to the marina for shopping and dining; and return home on foot for a drink on your exclusive terrace overlooking the marina and beyond. Local schools are within a 510-minute driving radius, it's 20 minutes to major hospitals, 35 minutes to the Sunshine Coast Airport, and 65 minutes to Brisbane International Airport. Purchase today and look forward to a lifestyle of leisure and pleasure in comfort, style, and privacy. You will want for nothing. This is first-class luxe living at its finest. Summary of Features: - 246m2 north facing sub-penthouse in architecturally designed Corsica building - Part of high-end The Cove waterfront development in the heart of Pelican Waters - 3 bedrooms, 2.5 fully tiled l bathrooms, elegant galley kitchen with butler's pantry - 2 separate living areas, wraparound terrace showcasing water & mountain vista - Light-filled luxury living throughout with high-end fixtures/fittings & elegant décor - Storage + 3-car basement parking, AV security system to residence, direct lift access - 3000mm ceilings with square set cornices, natural stone benches, Bosch appliances - Italian tiled flooring + 100% wool carpet with premium underlay, ducted A/C, fans - Full use of resort facilities including sundrenched heated pool & sunbathing terrace - Short walk to shopping, dining, parks/playgrounds, tavern, and marina to berth boat - 5 mins to golf, 5-10 mins to school, 10 mins to CBD & stunning patrolled beaches - Built in (late) 2024, presentation is pristine turnkey ready to unlock your new life Disclaimer: Whilst every effort has been made to ensure the accuracy of the information contained in this listing, no warranty is given by the vendor or agent as to its accuracy. Interested parties should not rely on this information as a statement or representation of fact and must satisfy themselves by inspection and seek expert advice. Some images have been digitally enhanced or virtually staged for illustrative purposes only

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
3
Land Area
246 m²
Listed
3 months ago

Repayment calculator

$7,732/month
$3,866 /fortnight
Loan $1,276,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$319,000
Stamp duty$72,238
Conveyancing (est.)$2,000
Total upfront$393,238
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Pelican Waters

This 3-bedroom apartment in Pelican Waters, QLD 4551 sits within reach of public transport, local shops and nearby schools.

Schools near Pelican Waters

  • Caloundra City Private Schoolcombined · Prep-12 · CoEd

What's nearby

  • Pelican Waters Bvd near Kalowendha Ave (bus)475 m away
  • Woolworths470 m away
  • Unnamed104 m away
  • The Basin Park119 m away
  • New Holland Drive Park186 m away

Pelican Waters at a glance

Full suburb profile
Population
7,393
Median age
55
Household income
$1,552/wk
Median rent
$540/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Pelican Waters price trend

Median sold · Unit 3 bed

Compound growth +9.0% / yr over 4 yrs

$1.20mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Pelican Waters market

Within 5km

Nearby Properties

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