St Falls apartment East 405 is a MANAGED apartment with St Falls Resort. This is a pure ski in ski out apartment, that is light filled, featuring 1-bedroom 1 bathroom sleeping 4 and priced at $450,000. This single level apartment on level 4 has a great views looking down toward the Kiewa Valley, Summit & International ski areas and the majestic Spion Kopje with a private hot tub.
Easily accessible with a lift and it offers a good-sized kitchen with all appliances and plenty of storage. There is an owner lockable wardrobe in the living room St Falls is in an amazing location with one of the main ski lifts outside the doors, a supermarket, gym, pool, retail and childcare all on site. Plus, you can drive to the main entrance on Bogong High Plains Road year-round and unpack, which is a luxury in winter at Falls Creek. You also have access to a heated indoor swimming pool, sauna and cold plunge pool.
The St Falls complex has a long alpine head lease and the apartment is sold with a management agreement in place. With the management agreement owners can have 7 weeks use per annum which is not restricted. If owners wish for more than 7 weeks use, the owner shall pay the manager a letting fee equal to 10% of the rental that would otherwise have been charged. This is the perfect amount of time to enjoy the slopes in winter or use the apartment during summer & winter. The Body Corporate outgoings for the apartment are $16,408 per annum.
