Level 2/201/1 Sitzmark Street

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