511 Arlberg, Mt Hotham VIC 3741

Winter Play and or Investment Property...

Top floor 2 level 2 Bedroom apartment with great views.
Fully self contained and furnished this one is always popular with guests and lets well because of its size and layout and position.

Sleeping 8, with 4 in each room there are 3 single bed bunks and a double bed.

Very functional and robust, the decor is neutral, sisal carpet, feature limed timber paneling and kitchen cupboards, it comes complete with lounge, dining, bedroom furniture as well as cooking and eating utensils, crockery TV and fridge.  

The Arlberg is a Managed Hotel with reception, restaurant, bar, supermarket, ski hire, heated pool & spa, sauna and laundry. Ever so convenient, it is located just 200m from the Village chair lift, playground ski run and Hotham Central and a host of other facilities.

The adjacent apartment 509 is also available to purchase and this presents an opportunity for larger groups or those requiring more flexible accommodation.

This apartment is let for season 2019 at $15,900 with total outgoings of approx $11,900 netting approx $4,000. 

Arlberg Management believes there is plenty of upside and would like to see the unit refurbished and online for holiday letting, where it should achieve up to $25,000 gross for the season.

Location:
511 Arlberg, 42 Great Alpine Road,
Mount Hotham, VIC 3741
Property Type:
Alpine
Status:
For Sale
Building Area:
50 sqm approx
Bedrooms:
2
Price Guide:
P.O.A
Agent 1:
Agent 2:
Features:
Lounge, Other, Pool, Split Level

Documentation