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QLD › Pelican Waters › Bells Esplanade

107 Bells Esplanade, Pelican Waters QLD 4551

For saleHouse for Sale

$2,995,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

585 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,995,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,995,000(Listing record · 29 July 2026)
  • FactLand 585 m²; no building size recorded.(Property record)
  • CalculationAsk is 89% above the Pelican Waters median recorded sale ($1,582,500, n=96, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Pelican Waters's advertised median rent ($724/wk), implied gross yield would be 1.26% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$2,995,000

Asking · $5,120/m² of land

No recorded sale for this property.

Pelican Waters at a glance

8,596

People

$1,582,500

Median sale

$724/wk

Median rent

2.38%

Suburb gross yield

Median sale from 96 recorded sales (last 12 months) — a Districts calculation.

See the full Pelican Waters report →

Vs Pelican Waters

+89.3%

Median sale

Suburb $1,582,500

-1.12 pp

Gross yield

Suburb 2.38%

Suburb median $1,582,500 from 96 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,995,000
Stamp Duty (Queensland)
$152,738
Transfer/Registration Fee
$13,378
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,164,816

$169,816 on top of the price (5.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Pelican Waters's advertised median rent — not a rent for this listing.

Net yield
-0.24%
Annual cashflow (pre-tax)
$-163,017
Interest cover (DSCR)
-0.05
Annual rent
$37,648
Operating expenses
$44,925
Loan amount
$2,396,000
Annual interest
$155,740
Gross yield
1.26%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$2,995,000available29 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $724/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Pelican Waters in one glance

Pelican Waters at a glance

8,596

People

$1,582,500

Median sale

$724/wk

Median rent

2.38%

Suburb gross yield

Median sale from 96 recorded sales (last 12 months) — a Districts calculation.

See the full Pelican Waters report →

Keep researching

  • Why Pelican Waters? Read the area thesis →
  • What else is on the market in Pelican Waters →
  • Other records on Bells Esplanade →

Listing material

Listed by Yianni Mooney Property

Absolute Waterfront Luxury - Prestigious Pelican Waters Address

Yianni Mooney Property proudly presents to the market 107 Bells Esplanade, Pelican Waters.

An exceptional showcase of contemporary waterfront luxury, this remarkable residence enjoys one of Pelican Waters' most prestigious canal-front addresses, where tranquil waterways, an iconic Glass House Mountain backdrop and direct boating access to the magnificent Pumicestone Passage create a truly extraordinary lifestyle.

Designed by the award-winning team at Reitsma & Associates and expertly constructed by Reed & Co Homes, the home combines timeless design, premium finishes and effortless single-level living, with every detail carefully considered to embrace its spectacular waterfront setting.

Read the full description

At the heart of the home, expansive open plan living and dining spaces flow seamlessly to the covered alfresco entertaining area, where the sparkling swimming pool, landscaped gardens and tranquil canal provide the perfect backdrop for entertaining or relaxing with family and friends.

The beautifully appointed kitchen is designed to impress, featuring a statement island bench, premium appliances, double ovens, bespoke stainless steel detailing and a fully equipped butler's pantry. Overlooking the living spaces and waterfront beyond, it is both highly functional and undeniably stylish.

The luxurious master suite offers a peaceful retreat with a generous walk-in robe and beautifully appointed ensuite, while three additional bedrooms provide comfortable accommodation for family and guests. A dedicated media room creates the perfect space to unwind, while a stylish main bathroom, separate powder room and well-appointed laundry complete the practical floorplan.

Stepping outdoors, the lifestyle on offer is truly exceptional. A fully equipped eight-metre pontoon provides direct access through the Pelican Waters lock system to the Pumicestone Passage and beyond, making boating, fishing and exploring the Sunshine Coast waterways part of everyday life.

Further enhancing the home is an impressive suite of modern technology, including MyAir ducted air conditioning, MyPlace smart home automation, motorised blinds and curtains, Sonos in-ceiling speakers and a comprehensive security camera system. A double garage with valuable drive-through access also provides secure storage for a boat or trailer.

Located within one of the Sunshine Coast's most desirable waterfront communities, you'll enjoy easy access to Pelican Waters Golf Club, the Marina precinct, quality schools, shopping and beautiful beaches, all while enjoying the privacy of having only one direct neighbouring property.

A statement in luxury waterfront living, this remarkable residence presents a rare opportunity to secure one of Pelican Waters' finest homes.

What we love about the property:

- Prestigious waterfront position – stunning canal and Glass House Mountain views

- 15 metres* of canal frontage with private 8-metre pontoon

- Direct boating access to the Pumicestone Passage via the Pelican Waters lock

- Designed by award-winning Reitsma & Associates

- Constructed by luxury builder Reed & Co Homes

- Four spacious bedrooms plus dedicated media room

- Designer kitchen with butler's pantry, premium appliances and double ovens

- Expansive open plan living with seamless indoor-outdoor flow

- Covered alfresco entertaining overlooking the swimming pool and canal

- MyAir ducted air conditioning and MyPlace smart home automation

- Motorised blinds, Sonos in-ceiling speakers and security camera system

- Double garage with drive-through access for boat or trailer

- Prestigious Pelican Waters location close to golf course, marina, shopping and schools

- 20 minutes* to the Sunshine Coast University Hospital

- 30 minutes* to the Sunshine Coast Airport

- 60 minutes* to Brisbane International Airport

Should you require any further information, please call Yianni on 0420 300 977

*approximately

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Listing description written by Yianni J. Mooney, Yianni Mooney Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Solar Panels
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.