OFF MARKET

2/23 Bogong High Plains Road
Falls Creek VIC 3699

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 2/23 Bogong High Plains Rd, Falls Creek

2/23 Bogong High Plains Rd, Falls Creek is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1971.

Building Type
Unit
Year Built
1971
Local Government
Alpine

Last Listing description (March 2017)

The apartment is part of the Alpine Woodsmoke complex on Bogong High Plains Road.
Ski in off Wombats Ramble, ski out to Falls Creek Express. The building is well maintained, features a private basement car park with year round access.

This large, fully furnished first floor apartment comprises an entrance hall, fully equipped modern kitchen, generous dining area and lounge, open fire place and modern entertainment system.

There are two double bedrooms, a bunk room, two bathrooms, separate toilet and hand basin, fully equipped laundry and drying room, plus a separate storage room.
The apartment will comfortably accommodate eight adults.
Furnishings and fittings are stylish and of premium quality. The private basement car park is a unique at Falls Creek, limited to Woodsmoke and the adjacent apartment building on the same leasehold.
Another important feature is owner controlled management.
Prospective buyers should not underestimate its importance.
The apartment is presently managed within the Woodsmoke rental pool detailed rental information is available via request .Management services are provided by TT&VV Pty Ltd, a company owned and controlled by the owners of the apartment owners. An owner may opt out of the rental pool, retaining sole use of the apartment, or remain in the pool.
Owners within the rental pool may select periods for own use, and offer the apartment for rental at all other times.
TT&VV provides a booking service, cleaning, laundry and general maintenance.
Apartments within the rental pool have mostly uniform furnishings, fittings and equipment, which is regularly checked, maintained and upgraded as required by the manager.

Management fees vary depending on whether the apartment is within the rental pool, and the size of the apartment.
Management fees 1 July 2014 to 30 June 2015 were $21,216.26

Gross rental for financial year 1 July 2014 to 30 June 2015 $60,145.30 (Including 2 owner nights). Gross Rental alone for the winter season from the 1st of June 2015 to 31st of Oct 2015 was $53,454.00
Full rental statement available on request, with management fees for 2015.

Property History for 2/23 Bogong High Plains Rd, Falls Creek, VIC 3699

A timeline of how this property has performed in the market
  • 21 May 2015
    Listed for Sale $650,000

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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 640 properties. Over the last 5 years, Units in Falls Creek have seen a 68.47% increase in median value. As at 30 November 2024:

  • The median value for Units in Falls Creek is $458,989.
There are currently no properties listed for sale, and 1 property listed for rent in Falls creek on OnTheHouse. According to CoreLogic's data, 2 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.