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For sale
301-302/38 Mahogany Drive,
Pelican Waters 4551, Queensland
$530,000
Property details
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Premium Dual-Key Investment with Lifestyle Benefits
Inspection By Appointment
On offer in the highly sought-after Pelican Waters Resort is this beautifully presented dual-key property. Specifically structured for the lifestyle investor, this resort-zoned property offers the ideal balance of personal use and passive income. Under the resort zoning, owners can enjoy up to 3 months of personal holiday residency per year, leaving the remaining months to capitalize on the resort's high-demand short-term letting pool.
The dual-key configuration consists of two independent, side-by-side units on a single title. The first is a fully self-contained one-bedroom apartment featuring a kitchen, open living area, and a master suite with an ensuite and spa. The second is a spacious studio suite complete with twin queenbeds, its own ensuite, sitting area, and refreshment station. Both spaces feature large windows and generous private balconies designed to take full advantage of the views over the Pelican Waters golf course and surrounding native bushland.
Located less than 15 minutes' drive from a choice of local beaches, shops, and taverns, the resort offers premium, hands-off property management. On-site facilities are extensive, including a hair salon, nail spa, florist, fully equipped gymnasium, and an integrated restaurant and bar. The grounds feature a large resort pool and a heated lap pool, both positioned to overlook the golf course, waterways, and manicured tropical gardens.
• Flexible Investment Structure: Zoned for short-term accommodation with up to 3 months of personal owner usage annually-perfect for a private holiday getaway.
• Turn-Key Presentation: Both apartments are recently refurbished and come fully furnished with quality fixtures and fittings.
• Outdoor Living: Large, private balconies capturing expansive golf course and bushland views.
• Climate Control: Fully ducted air-conditioning throughout both units.
• Security & Parking: Secure undercover accommodation for two vehicles with security-activated lift access.
• Entertaining Areas: Well-maintained BBQ and outdoor entertaining spaces for residents and guests.
• Resort Pools: Access to both the main resort pool and a dedicated heated lap pool.
• Recreation: All-weather, floodlit tennis courts located on-site.
• Currently managed by Pelican Waters Resort Management: offering a hands-off fully managed service.
• Prime Location: Walking distance to the prestigious Pelican Waters Golf Course and restaurant.
An absolute must to inspect!
On offer in the highly sought-after Pelican Waters Resort is this beautifully presented dual-key property. Specifically structured for the lifestyle investor, this resort-zoned property offers the ideal balance of personal use and passive income. Under the resort zoning, owners can enjoy up to 3 months of personal holiday residency per year, leaving the remaining months to capitalize on the resort's high-demand short-term letting pool.
The dual-key configuration consists of two independent, side-by-side units on a single title. The first is a fully self-contained one-bedroom apartment featuring a kitchen, open living area, and a master suite with an ensuite and spa. The second is a spacious studio suite complete with twin queenbeds, its own ensuite, sitting area, and refreshment station. Both spaces feature large windows and generous private balconies designed to take full advantage of the views over the Pelican Waters golf course and surrounding native bushland.
Located less than 15 minutes' drive from a choice of local beaches, shops, and taverns, the resort offers premium, hands-off property management. On-site facilities are extensive, including a hair salon, nail spa, florist, fully equipped gymnasium, and an integrated restaurant and bar. The grounds feature a large resort pool and a heated lap pool, both positioned to overlook the golf course, waterways, and manicured tropical gardens.
• Flexible Investment Structure: Zoned for short-term accommodation with up to 3 months of personal owner usage annually-perfect for a private holiday getaway.
• Turn-Key Presentation: Both apartments are recently refurbished and come fully furnished with quality fixtures and fittings.
• Outdoor Living: Large, private balconies capturing expansive golf course and bushland views.
• Climate Control: Fully ducted air-conditioning throughout both units.
• Security & Parking: Secure undercover accommodation for two vehicles with security-activated lift access.
• Entertaining Areas: Well-maintained BBQ and outdoor entertaining spaces for residents and guests.
• Resort Pools: Access to both the main resort pool and a dedicated heated lap pool.
• Recreation: All-weather, floodlit tennis courts located on-site.
• Currently managed by Pelican Waters Resort Management: offering a hands-off fully managed service.
• Prime Location: Walking distance to the prestigious Pelican Waters Golf Course and restaurant.
An absolute must to inspect!
Inspections
Explore the area
School catchments
- Caloundra City Private School Combined Prep-12 Independent 1.8km
- Notre Dame College Combined Prep-7 Catholic 3.0km
- Baringa State Primary School Primary Prep-6 Government 3.1km
- Golden Beach State School Primary Prep-6 Government 3.6km
- Baringa State Secondary College Secondary 7-12 Government 3.8km
- Nirimba State Primary School Primary Prep-6 Government 3.9km
- Unity College Combined Prep-12 Catholic 4.0km
- Caloundra Christian College Combined Prep-12 Independent 4.9km
- Caloundra State High School Secondary 7-12 Government 5.9km
- Caloundra State School Primary Prep-6 Government 6.2km
- Our Lady of the Rosary School Primary Prep-6 Catholic 6.8km
- Meridan State College Combined Prep-12 Government 7.1km
- Talara Primary College Primary Prep-6 Government 7.6km
- Currimundi State School Primary Prep-6 Government 8.0km
- Pacific Lutheran College Combined Prep-12 Independent 9.0km
- Palmview State Primary School Primary Prep-6 Government 10.7km
- Glenview State School Primary Prep-6 Government 11.1km
- Palmview State Secondary College Secondary 7-10 Government 11.1km
- Kawana Waters State College Combined Prep-12 Government 11.2km
- Siena Catholic College Secondary 7-12 Catholic 13.8km
- Chancellor State College Combined Prep-12 Government 13.9km
- Beerwah State High School Secondary 7-12 Government 13.9km
- Glasshouse Christian College Combined Prep-12 Independent 14.1km
- Matthew Flinders Anglican College Combined Prep-12 Independent 15.7km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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