14 Columba Place, Pelican Waters QLD 4551

Pelican Waters canal estate | 5-bed family house with pool | 924m² lot at 42% coverage | Flood overlay present The property’s configuration on a substantial 924m² lot with only 42% building coverage gives a buyer rare spatial advantage in a canal estate where land is premium. The swimming pool and solar panels are already in place, reducing post-settlement cost and positioning the house as a turnkey family proposition. It serves buyers seeking a primary residence with school proximity,Golden Beach State and Caloundra City Private within 1.2km,and the 5-bed layout supports multigenerational living or home-office flexibility. The ground elevation of 3m and detected flood overlay are the material risk; this may affect insurance premiums and resale liquidity for conservative buyers. However, the flood overlay is not a bushfire or heritage constraint, and the property’s position within a waterfront suburb with strong demand for larger houses suggests the risk is priced in at the current listing level. Hold as a long-term family home or consider minor elevation works to mitigate insurance cost.