221/156 Bathurst Street, Hobart, TAS 7000 sold on 02 April 2026 | OnTheHouse
SOLD
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Sold on 02 Apr 2026 for $160,000

221/156 Bathurst Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
Land area: 30m2
Sold By
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Enrico Palermo
Fall Real Estate Hobart
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Property Details for 221/156 Bathurst St, Hobart

221/156 Bathurst St, Hobart is a 1 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 30m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Unit sold in Hobart in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
30m2
Land Size
30m2
Local Government
Hobart
Lot/Plan
221/146357

Last Listing description (May 2026)

Experience the ease of a truly hands-free investment with this fully furnished one-bedroom apartment located in the vibrant heart of Hobart's city centre. Securely leased to the reputable Best Western Hobart, this property offers a high-yield, low-maintenance investment with consistent performance and minimal owner involvement.Positioned on the second floor, Unit 221 is a spacious King Room boasting a private balcony with sweeping city views. The interior is bright and welcoming, featuring a modern bathroom and contemporary furnishings-all recently upgraded to enhance guest comfort and ensure consistently high occupancy. Sold on a walk-in, walk-out basis, it's fully equipped and ready to generate immediate income from settlement.As part of the trusted Best Western Hotel brand, investors benefit from reliable 6-7% returns (approx.), minimal outgoings, and no marketing, leasing, or management fees. This is a truly effortless addition to any investment portfolio.Ideally positioned within walking distance of Salamanca Place, Elizabeth Street Mall, and the Hobart waterfront, the hotel attracts a steady flow of both business and leisure guests year-round. On-site amenities, including a restaurant, bar, and conference facilities, further support high occupancy and stable income streams.With Hobart's tourism market continuing to thrive and demand for premium hotel accommodation on the rise, Unit 221 presents an exceptional opportunity for investors seeking strong returns, dependable income, and long-term capital growth in Tasmania's dynamic capital.Please contact Enrico for more information **The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

Property History for 221/156 Bathurst St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$160,000
02 Apr 2026
  • 02 Apr 2026
    Sold for $160,000
  • 12 Nov 2025
    Listed for Sale offers over $190,000
  • 24 Aug 2006
    Sold for $150,000
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About Hobart 7000

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:

  • 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.
There are currently 37 properties listed for sale, and 57 properties listed for rent in Hobart on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Hobart.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.