6/27 Falls Creek RoadFalls Creek VIC 3699
Property Details for 6/27 Falls Creek Rd, Falls Creek
6/27 Falls Creek Rd, Falls Creek is a 2 bedroom, 1 bathroom Unit and was built in 1971.
Last Listing description (June 2021)
Ski to the door, this apartment is super convenient and has had a smart renovation. It is approximately 57m2 and can comfortably accommodates 4 and features good size bedrooms with a queen bed in the master and a bunk bed in the second room. This apartment has a fresh open plan living and dining area with renovated kitchen. The renovated bathroom is spacious and also features a washer/ dryer. This apartment does not have a balcony or alpine views, however has excellent access and good rental history. In 2017 it netted $24,663.37 and 2018 netted $26,312.41 so in excess of a 7% return. It is one of the best preforming apartments with low holding costs.
The Altitude Apartments are located at the base of Eagle & Summit chairs in the Village Bowl. With ski runs, mountain bike and walking trails on the doorstep, this is the perfect location to own your own alpine apartment. The property is sold with a management agreement, the key elements are
No owner usage restrictions
Gross Booking commission of 20% including GST on Agent bookings.
Advertising levy based on actual advertising costs
Income paid within 21 days of end of month income periods, Winter & Summer.
No obligation to use Management supplied linen outside of Snow Season.
Clean / Linen service only required after owner occupancy where the following is guest occupancy.
No hidden charges
Detailed rental history and a full information pack is available via request.
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 6/27 Falls Creek Rd, 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.
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