OFF MARKET

11 Schuss Street
Falls Creek VIC 3699

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 11 Schuss St, Falls Creek

11 Schuss St, Falls Creek is a 2 bedroom, 1 bathroom Unit and was built in 1982.

Building Type
Unit
Year Built
1982

Last Listing description (October 2024)

If you've ever wanted to make a lifestyle change to the mountains and take on an established business managing apartments with bookings already in place for this coming winter, this is your opportunity.

For sale is a 2-bedroom apartment linked to a management rights business including commercial laundry, workshop, office/caf? area, established client base and booking system. The vendor price range is $800,000 to $825,000.

Cedarwood Apartments is an on-mountain apartment complex comprised of privately owned self-contained apartments and studio apartments which are operated by Cedarwood Management Services. The complex offers a range of accommodation options suitable for families or groups ranging in size from 2-10 people operating all year. Cedarwood Apartments is ideally located at the highest point in the Falls Creek village with a ski hire and within walking distance to all village facilities including several bars and restaurants.

Management rights involve identification of maintenance in the apartments, cleaning at change over and letting of the self-contained apartments as well as promoting the apartment complex to attract holidaymakers. The management rights business also includes the manager's apartment and some associated real property. The manager's apartment is a modern two-bedroom apartment with open plan lounge, kitchen and dining located on the ground level of the Cedarwood Apartment complex. Also included are the commercial laundry and workshop/storeroom as well as a takeaway coffee window/reception area conveniently located on the entry level of the complex.

The Management Rights industry combines an income with all the comforts of working from home wherever that may be, offering a fantastic lifestyle opportunity. Ready for someone to purchase right now, this business delivers the opportunity for you to be living, working, and owning a business in one of Australia's premier year-round holiday destinations.

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 advice and make their own inquiry before proceeding.

Property History for 11 Schuss St, Falls Creek, VIC 3699

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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.

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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.