301-302/38 Mahogany Drive, Pelican Waters, Qld 4551

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Parkings

Published on Wednesday, June 17, 2026 ( See property details for 301-302/38 Mahogany Drive, Pelican Waters, Qld 4551)

$530,000

Donna Sheen Sales & Marketing Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully presented dual-key resort-zoned property in Pelican Waters offering flexible investment, modern living, and extensive amenities with stunning golf course views.

🏡 Property Highlights

Dual-key configuration with two independent units on a single title
Resort-zoned property allowing up to 3 months personal use annually
Recently refurbished and fully furnished for turn-key living
Expansive private balconies with golf course and bushland views
Extensive on-site amenities including pools, gym, and dining
Secure undercover parking for two vehicles with lift access

✨ Key Features

Balcony
Open-Plan Living
Security Screens / Gates
Air Conditioning
Outdoor Area
Built-in Robes
Ensuite
Home Office / Study
Swimming Pool
Garage / Secure Parking

Suburb and Property Insights of Pelican Waters, QLD 4551

Pelican Waters is a highly sought-after suburb renowned for its stunning golf courses, pristine beaches, and vibrant community lifestyle. It offers excellent amenities, including waterfront dining, recreational facilities, and easy access to local shops and beaches. The area is perfect for both relaxed coastal living and lucrative investment opportunities, with a strong demand for holiday rentals and short-term accommodation. Its scenic surroundings and quality infrastructure make Pelican Waters an ideal location for lifestyle and investment. Key points include proximity to beaches, world-class golf courses, extensive on-site resort facilities, and a friendly, walkable community environment.

Frequently Asked Questions

Can I use the property for personal holidays?

Yes, the property allows up to 3 months of personal holiday residency per year under the resort zoning.

What amenities are available on-site?

Residents have access to resort pools, a gymnasium, tennis courts, a restaurant, bar, hair salon, nail spa, and florist.

Is the property furnished?

Yes, both units are recently refurbished and come fully furnished with quality fixtures and fittings.

What views does the property offer?

The balconies provide expansive views over the golf course and surrounding native bushland.

Is there secure parking available?

Yes, there is secure undercover parking for two vehicles with security-activated lift access.

What to ask about this property to agent?

Are there any additional strata or body corporate fees applicable to this property? Are there any restrictions or covenants on the property regarding renovations or modifications? What is the current condition of the building's structure and essential services? Are there any upcoming development plans or zoning changes in the area that could affect the property? Is the property located in a flood or bushfire-prone zone, and what are the associated risks? Are there any ongoing maintenance or repair issues with the property or common areas? What are the specific terms and conditions of the resort's short-term rental management? Are there any easements or encumbrances affecting the property title? Has the property been affected by any recent adverse weather events or natural disasters? What are the total costs involved in maintaining and managing the property annually?

301-302/38 Mahogany Drive, Pelican Waters, Qld 4551 - More Details

$530,000

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.

• Prime Location: Walking distance to the prestigious Pelican Waters Golf Course and restaurant.

An absolute must to inspect!

Type: Unit
Bedrooms: 2
Bathrooms: 2
Parkings: 2

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301-302/38 Mahogany Drive, Pelican Waters, Qld 4551

$530,000

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