2/27 Falls Creek Rd, Falls Creek is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 1082m2 and floor size of 68m2.
Perfect little starter complex for someone looking to get into business in the alps. Really this is an excellent business, in an excellent location. Altitude Management rights will not last long on the market.
- 1.5 bed, 1 bath manager's residence with separate entrance and balcony. Plus linen storage
- Enviable Falls Creek Village location, ski in ski out, bike ride in bike out, easy parking
Altitude apartment complex is situated in the Alpine resort of Falls Creek at the base of Eagle & Summit chairs in the Village Bowl. With ski runs, mountain bike and walking trails on the doorstep, this is the perfect location to own your own your own management rights business.
The complex consists of 4 spacious four- bedroom, three bathroom apartments all front facing accommodating 12 people, with magnificent views of the resorts and ski runs. There are 3 rear two- bedroom, one bathroom apartments sleeping 4- 6 people . Plus the managers apartment. All of the apartments have been upgraded and are fitted with all the modern conveniences.
For sale. The property management rights of 7 units. - Guaranteed body corporate fees. - Quiet complex with minimal work to maintain Sold with a 1.5 bedroom managers apartment with ample storage and linen space (approximately 103sqm of management area including basement store & workshop)
Features
Ideal for retired couple. - Great location
Premises
Very tidy complex with management apartment
Trading Hours
Hours to suit, majority of the rental income is derived over the winter period. More potential income to be earnt over summer.
Lease
N/A
Employees
1 owner + 2/3 casual on average 15 hours a week
Comments
Quiet complex which has excellent rental occupancy figures. Available via request
Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. Zirky Real Estate accepts no responsibility for direct, indirect, incidental or consequential damages resulting from any errors, inaccuracies or omission. We strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.
The size of Falls Creek is approximately 173.8 square kilometres. It has 5 parks covering nearly 111.5% of total area. The population of Falls Creek in 2016 was 293 people. By 2021 the population was 326 showing a population growth of 11.3% in the area during that time. The predominant age group in Falls Creek is 20-29 years. Households in Falls Creek are primarily single parents and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Falls Creek work in a managers occupation.In 2021, 51.60% of the homes in Falls Creek were owner-occupied compared with 49.00% in 2016.
Falls Creek has 648 properties. Over the last 5 years, Units in Falls Creek have seen a 83.82% increase in median value. As at 31 December 2025:
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