222 – 223/38 Mahogany Drive, Pelican Waters QLD 4551

Located in the heart of Pelican Waters overlooking the lake, golf course and views to the Glasshouse Mountains and beyond you will find 'Sebel Resort Pelican Waters'. An iconic building that is now part Pelican Waters, popular with locals to enjoy the restaurant and facilities but even more popular with astute investors, and tourists. Weekenders, weddings, Conferences and Golfing tours it is hard to get entry to units 222 and 223 with the envious booking calendar.

Loads of flexibility with dual keys - either live in one, rent the other or enjoy a dual income from both. Can be rented in the resort long term letting pool, permanent renting or weekends where the lucky owner can occasionally enjoy their income. Ideal for self-managed, superannuation fund (SMSF) investors.

Located on Level 2 - 2 superb self-contained apartments with hotel facilities, ensuites, large balconies off the spacious living areas and the bonus view from every vantage point is free of charge. These appointments are an excellent passive income generating option. Body Corporate is reasonable - Income statements will indicate a positive return throughout the year.

With the busy time of the year approaching our beautiful town, inspections do need to be booked.

Ring for an appointment.