Looking for somewhere to park your money with a 7% return, no outgoings, and no maintenance costs?
If your answer is yes then look no further than suite 208 in the Best Western Hobart. Currently leased back to Best Western for $12,415 per annum until October 2023 this is perfect for the investor just starting out or to add to your self-managed superannuation fund.
The property being offered is one of the larger 'Family Suites' and offers two separate rooms, bathroom, and balcony.
The size of Hobart is approximately 2.1 square kilometres. There are 10 parks, covering nearly 4.8% of the 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 3,094 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:
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