111/38 Mahogany Drive, Pelican Waters, Qld 4551

bedrooms 1
bathrooms 1
|Unit
Offers Over $299,000
Offers Over $299,000
Published on: 06 Sep 2026
Last updated on: 09 Oct 2026
111/38 Mahogany Drive, Pelican Waters, Qld 4551
111/38 Mahogany Drive, Pelican Waters, Qld 4551
111/38 Mahogany Drive, Pelican Waters, Qld 4551
+11
111/38 Mahogany Drive, Pelican Waters, Qld 4551
  • 11
  • 1
Property ID: 152246608
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Great investment opportunity with fantastic potential annual returns

111/38 Mahogany Drive, Pelican Waters, Qld 4551
These newly furnished resort suites at Pelican Waters Resort offer investors the opportunity to secure a low-maintenance property in a sought-after coastal location, with the added flexibility of personal holiday use.

RESORT LIFESTYLE

Located within the boutique Pelican Waters Resort, owners and guests have access to a range of on-site facilities, including:

• Heated swimming pool
• Tennis courts
• Restaurant
• Gym
• Hairdresser
• Nail bar and beautician
• On-site management and reception
• The Resort is positioned beside the renowned Greg Norman-designed Pelican Waters Golf Course, with the refurbished clubhouse just a short walk away.

You'll also be close to the Pelican Waters Marina Precinct, Shopping Centre, Golden Beach, Caloundra CBD and other popular Sunshine Coast destinations.

INVESTMENT KEY FEATURES

• 15 new one-bedroom resort suites 
• 1 new two-bedroom resort suites
• Investors only - Not suitable for full-time residential occupancy
• Personal use permitted for up to 3 months per year
• Potential rental income through the Pelican Waters Resort Hotel Pool
• Low Body Corporate fees
• Air-conditioning
• Low-maintenance investment
• Convenient Sunshine Coast Location

EASY ACCESS

• Pelican Waters Golf Course and Clubhouse - walking distance
• Pelican Waters Marina Precinct and Shopping Centre
• Golden Beach and local beaches
• Caloundra CBD
• Bruce Highway - approximately 20 minutes
• Sunshine Coast Airport - approximately 35 minutes
• Brisbane Domestic & International Airport - approximately 1 hour 15 minutes
• A Coastal Investment with Holiday Appeal

Please note: These properties are not residential studios. They are not suitable for full-time occupancy. Owners may enjoy personal use for up to 3 months per year, providing an ideal holiday base when visiting the Sunshine Coast. When not being personally used, the units may be placed into the Pelican Waters Resort Hotel Pool to generate rental income.

Whether you're looking for a low-maintenance investment, potential rental income or a Sunshine Coast holiday base, these brand-new Pelican Waters Resort units offer an appealing combination of lifestyle and investment potential.


Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact.

Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property. To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail.

If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only.

Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Rooms
1 bedroom(s), 1 bathroom(s)
Address
111/38 Mahogany Drive, Pelican Waters, Qld 4551

Floorplans and tours

Floorplan
Kathy D'Espagnac
Kathy D'Espagnac
Monica D'Espagnac
Monica D'Espagnac
Shop 10A & 10B, 44 Pelican Waters Boulevard, Pelican Waters, Qld 4551
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Email enquiry to Coronis - Pelican Waters

Kathy D'Espagnac
Kathy D'Espagnac
Monica D'Espagnac
Monica D'Espagnac
Shop 10A & 10B, 44 Pelican Waters Boulevard, Pelican Waters, Qld 4551
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      Property ID: 152246608

      Original Property ID: 152246608
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