Pelican Waters’ newest land release, Nautical Edge, has seen a strong uptake from buyers, with 50 per cent of available lots sold just days after its release to the public.
Total sales have already reached $21 million, highlighting the strong demand for premium residential land in the sought-after coastal community.
Pelican Waters CEO, Hamish Pressland, said the response was a testament to both the quality of the offering and the pent-up demand for land in the area.
“The market has reacted incredibly well to this release, reinforcing the enduring appeal of Pelican Waters as a premier lifestyle destination,” Mr Pressland said.
“In just a few days, we have sold 24 dry lots and three waterfront lots, with strong interest continuing. Many buyers are local residents looking to upgrade their lifestyle and take advantage of the final canal precinct’s outstanding location and amenities.”
Nautical Edge comprises 54 homesites in total, including 17 prime waterfront and waterview lots. Positioned between Pelican Waters’ newest canal and the expansive Central Park, it offers an enviable blend of water-based living and green space connectivity.
Mr Pressland said buyers had been particularly drawn to the development’s thoughtful design, which ensures even the non-waterfront lots enjoy a close connection to the water and nearby lifestyle precincts.
“We are edging ever closer to the end of the development in Pelican Waters and this is one of the last opportunities to secure premium land on our island precinct and in particular pure north facing lots with deep water access. We expect demand to remain strong as the remaining lots are taken up,” he said.
Construction of Nautical Edge is progressing well, with completion scheduled for May and titles expected in July.
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