OFF MARKET

1 Sitzmark Street
Falls Creek VIC 3699

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low
High
Share
Save

Property Details for 1 Sitzmark St, Falls Creek

1 Sitzmark St, Falls Creek is a 1 bedroom, 1 bathroom Unit and was built in 1971.

Building Type
Unit
Year Built
1971
Local Government
Alpine

Last Listing description (February 2023)

This is your chance to own Someplace Else Bar and Grill outright, sold walk in walk out, this is a fantastic opportunity.

The current owners have built the reputation of this restaurant to being an institution for family friendly dining in Falls Creek. The restaurant & bar is approx. 235.5sqm and is available for sale to someone wanting to build on what has been achieved. This restaurant seats 70-80 people and is licensed for 100. Known for its amazing modern Australian menu providing a cosy relaxed atmosphere to socialise and have a drink. It is located centrally in Falls Creek making it equally accessible to all guests of the resort.

Currently the venue only trades from late afternoon, 7 days in winter with good trading history. Perfect for the owner to enjoy the slopes during the winter and put their feet up in summer. Or this can provide a great opportunity to enjoy the summer lifestyle in Falls Creek and further increase the business.

Featuring - what is rare for a hospitality business in Falls creek - ample storage and a large kitchen, the venue is able to operate seamlessly. This combined with reasonable holding costs, a liquor license to 1am and with a excellent Trip Advisor rating, the business is a very attractive proposition.

Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. Zirky Real Estate accepts no responsibility for direct, indirect, incidental or consequential damages resulting from any errors, inaccuracies or omission. We strongly advise all interested parties to obtain independent legal and financial advice and make their own inquiry before proceeding.

Show More

Property History for 1 Sitzmark St, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 01 Aug 2019
    Listed for Sale $495,000
  • 16 Oct 2018
    Listed for Sale $99,000
  • 20 Apr 2015
    Listed for Sale $45,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

About Falls Creek 3699

The size of Falls Creek is approximately 173.8 square kilometres. It has 5 parks covering nearly 111.5% of total area. The population of Falls Creek in 2011 was 223 people. By 2016 the population was 301 showing a population growth of 35.0% in the area during that time. The predominant age group in Falls Creek is 20-29 years. Households in Falls Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Falls Creek work in a managers occupation. In 2011, 50% of the homes in Falls Creek were owner-occupied compared with 49% in 2016..

Falls Creek has 639 properties. Over the last 5 years, Units in Falls Creek have seen a 26.32% increase in median value. As at 30 September 2024:

  • The median value for Units in Falls Creek is $427,395.
There are currently no properties listed for sale, and no properties listed for rent in Falls creek on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Falls creek.

Falls Creek Profile Page

Suburb Insights for Falls Creek 3699

Visit Falls Creek profile page
Market Insights
Falls Creek Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Falls Creek Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Falls Creek profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED