The Hub apartment 5A is a fantastic single level, large, NON MANAGED alpine home featuring a long alpine head lease. This property has excellent natural light, has been refurbished to excellent standards with amazing storage in a quiet location. With a very generous floor plan of 112.2sqm, it sleeps 6 people with the master bedroom, king bed, the second bedroom a tri-bunk and the third bedroom a single. All bedrooms have large built-in wardrobes and there is an excellent ski storage area and large drying room on entry. The spacious open plan living area features a large lounge TV area with comfortable 6 seater corner couch, generous storage cupboards, a dining room area and private balcony with views to The Gully Chair and International ski runs. The kitchen is modern with ample storage and is very light and well designed.
The Hub building is well known in Falls Creek and is very popular as it is a NON MANAGED apartment complex, featuring easy access located directly off the Falls Creek Road. The Hub has recently completed their external upgrades and have been issued with a long alpine head lease until 2060. There are separate sub leases for each apartment. Please note this property is currently tenanted until end of December 2021 with the tenant paying $40,000 for the year plus power, the property must be sold honouring this tenancy. The most recent body corporate budget has the outgoings as approx. $10,753.04 per annum PLUS power which is separately metered. Please note the Hub have just renewed their building insurance and likely will have an increased premium which is yet to be issued.
