126/156 Bathurst StreetHobart TAS 7000
Property Details for 126/156 Bathurst St, Hobart
126/156 Bathurst St, Hobart is a 1 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 28m2 and floor size of 28m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Last Listing description (March 2018)
Phone enquiry code for this property: 5388
NOTE: Firstly, my sincere apologies for delays in replying between mid Feb and mid March 2018. Thank you for your patience!
This is an urgent self-managed superannuation fund sale.
Ideal investment property, with high net returns, growing each year in the booming Hobart tourist city.
Also for sale is exactly same unit type in Launceston, Tasmania and we're happy to negotiate with buyers interested in purchasing both properties.
According to Tourism Tasmania, Tasmanian visitors are increasing 7% per year.
This tremendous investment is a room in the international Best Western Hotel chain.
Best Western has secure long term lease until 2023 including paying all outgoings and 95% occupancy rate.
Property features include:
* Nothing to do, no costs, no outgoings!
* 8.2% net return in FY 2017 ($13,520) with 8.9% growth in net rent from FY 2016 to FY 2017
* Centrally located in international 4.5 star Best Western Hotel
* Owners benefits include 4 free nights per year, "Best Western Rewards Program" and "Best Western Family and Friends" rates.
All documents for Best Western lease and last three annual returns are available on request.
Perfect to enjoy the low risk, long term returns.
This investment property with secure, growing, high returns will not last long!
Phone enquiry code for this property: 5388
Property History for 126/156 Bathurst St, Hobart, TAS 7000
- 22 Mar 2018Sold for $160,000
- 03 Nov 2017Listed for Sale $165,000
- 23 Jul 2007Sold for $150,000
Recent sales nearby
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0About Hobart 7000
The size of Hobart is approximately 2.1 square kilometres. It has 10 parks covering nearly 4.8% of total area. The population of Hobart in 2016 was 2296 people. By 2021 the population was 3390 showing a population growth of 47.6% in the area during that time. The predominant age group in Hobart is 20-29 years. Households in Hobart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hobart work in a professional occupation.In 2021, 27.40% of the homes in Hobart were owner-occupied compared with 26.40% in 2016.
Hobart has 3,090 properties. Over the last 5 years, Houses in Hobart have seen a -1.20% decrease in median value, while Units have seen a 10.64% increase. As at 30 April 2026:
- The median value for Houses in Hobart is $1,020,757 while the median value for Units is $773,891.
- Houses have a median rent of $700 while Units have a median rent of $650.
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