Price unavailable
Price unavailableLevel 2, 201/1 Sitzmark Street, Falls Creek VIC 3699
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Property was sold on 18 August 2019.
Sold on 18 August 2019.
1 bath
Apartment / Unit
1
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Apartment / Unit
Property Features
This room is located the heart of Falls Creek in the Silverski complex . Room 201 is a corner family room on level 2 is close to all the restaurant and bars, has good ski in ski out access and a shuttle bus stop close. The complex features Wi-Fi and has an in house restaurant. This room can accommodates 4 people, it features a queen bed and bunk bed. The room has a spacious ensuite which has been fully renovated, it is light and bright and has views between Astra and Huski towards the Summit. Silverski has a long alpine head lease until 2045. Current body corporate outgoings are $7,668 per annum including all utilities. Financials are available upon request for 2017- 2018. Please note the owner used the room for personal use for 4 weeks in August and September. This is great way to fund a ski holidays without expensive accommodation costs, and get ROI. As an overview rental for the 2017 season returned a net profit to the owner of the following: $10,331.62 Less annual body corporate fees: $7,668 pa Net profit to owner: $2,664 at $80,000 that is an approximate 3.3% return at a purchase price of $80,000 Disclaimer: While Zirky Real Estate Pty Ltd have made every effort to ensure that information provided and written about the above property is accurate, it has been provided to us by outside sources and have not been independently verified by Zirky Real Estate Pty Ltd. Potential purchasers are advised to obtain independent financial and legal advice and make their own inquiry as they see fit. Zirky Real Estate accepts no responsibility for direct, indirect, incidental, or consequential damages resulting from any errors, inaccuracies or omission based on information provided.