St Falls apartment East 502 is a MANAGED apartment with St Falls Resort. This is a pure ski in ski out apartment, that is light filled, featuring 2-bedrooms 2 bathrooms sleeping 6 in beds. It is approximately 74m2 and priced at $490,000. This single level apartment on level 5, has a lovely balcony with views of Slalom Plaza area & Wombat's Ramble ski run 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 main bedrooms. St Falls is in an amazing location with one of the main ski lifts outside the doors, a supermarket on site, gym, pool, retail and childcare. 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.
The St Falls complex had a long alpine head lease, the apartment is sold with a management agreement in place. With the management agreement owners can have 7 weeks uses 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, whilst securing a regular rental income. The Body Corporate outgoings for the apartment are $22,756 per annum.
