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Unit 707/38 Mahogany Drive, Pelican Waters$900,000
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Unit 707/38 Mahogany Drive

Pelican Waters, QLD 4551, Australia
$900,000
2 bed 2 bath 1 car

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About this property

Make an offer on this outstanding lifestyle - located on the 7th floor with a coveted northern aspect, this sophisticated residence offers the ultimate blend of elevation and outlook. Bathed in natural light year-round, the unit provides a front-row seat to the manicured fairways of the world-class Pelican Waters Golf Course. Whether you're enjoying your morning coffee or hosting friends for sunset drinks on the expansive balcony, the panoramic green vistas create a sense of tranquil luxury that is hard to find elsewhere. Inside, the clever floor plan emphasizes open-plan flow and coastal ease. The gourmet kitchen, featuring a generous island bench and premium finishes, transitions seamlessly into the light-filled living area. For those seeking a private retreat, the master suite is perfectly zoned with its own walk-in robe and a luxurious ensuite-complete with a full-sized bathtub-while the second bedroom is ideally placed near the main bathroom for guest privacy or a quiet home office setup. Beyond the unit, you are perfectly positioned to embrace the vibrant Pelican Waters lifestyle. From the doorstep, you're just moments away from the new Marina precinct, local cafes, and pristine beaches, offering a "lock-and-leave" convenience without compromising on space or style. This is a rare opportunity to secure a high-floor, north-facing sanctuary that captures the very best of Sunshine Coast living. Property Features: * Commanding views and refreshing coastal breezes. * Golf course frontage, uninterrupted views and waterways. * The master suite includes a private en-suite with a bathtub and a spacious walk-in robe. * Chef's kitchen with a large island breakfast bar and a separate internal laundry. * Secure underground parking plus a dedicated storage cage. * World-class resort facilities, including a restaurant, swimming pools, heated lap pool, gymnasium, tennis courts, and BBQ areas. * Convenience at your fingertips, with on-site management, a nail spa, hairdresser, and restaurant. * Pet Friendly (subject to Body Corporate approval). * Perfect location, close to world class beaches, Shopping centres,

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
1 month ago

Repayment calculator

$4,363/month
$2,182 /fortnight
Loan $720,000 at 6.10% over 30 years

Upfront costs

Deposit$180,000
Stamp duty$33,525
Conveyancing (est.)$2,000
Total upfront$215,525
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 2-bedroom apartment in Pelican Waters, QLD 4551 sits within reach of public transport, local shops and nearby schools. It is listed 37% below the $1.43m median of 62 comparable apartmentswithin 5 km.

Schools near Pelican Waters

  • Caloundra City Private Schoolcombined · Prep-12 · CoEd

What's nearby

  • Pelican Waters Bvd near Bledisloe Bvd (bus)1.1 km away
  • Woolworths1.7 km away
  • MacLamond Drive Park1.0 km away
  • Central Park1.3 km away
  • Unnamed1.4 km 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 2 bed

Compound growth +22.6% / yr over 4 yrs

$814kcurrent median

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Price history

Price history

Listing price changes

3 price changes recorded for this property

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