226/156 Bathurst StreetHobart TAS 7000
Property Details for 226/156 Bathurst St, Hobart
226/156 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 January 2026. There are other 1 bedroom Unit sold in Hobart in the last 12 months.
Last Listing description (February 2026)
Looking for an easy investment with a long-term lease and strong returns? Unit 226 in the Best Western Hobart offers just that, with an approximate 6% gross yield (5% net) and a lease secured until October 2033, with an option to extend to 2043.
Returns are calculated based on the hotel's total accommodation and car parking revenue rather than this unit's individual occupancy rate, ensuring a more stable income stream (the ten-year average is $11,304 p.a. per unit net to owners).
Best Western Hobart features modern conveniences such as a gym, conference/function rooms, a bar, and a restaurant, making it a sought-after destination for visitors.
Owners are responsible for council and water rates, a sinking fund contribution, and insurance costs, currently estimated at approximately $2,023 per unit per year.
These units are tightly held, so secure your investment today.
Photos have been provided by Best Western Hotel and may not depict the specific unit 226 but offer a close example.
Rent is calculated based on hotel accommodation revenues (the ten-year average is $11,304 p.a. per unit net to owners).
Estimated 6% gross yield (5% net) in the heart of Hobart, with potential for long-term growth.
Owners contribute to council and water rates, a sinking fund, and insurance (approx. $2,023 per unit per year).
Built in 1976.
Interested in purchasing multiple units? Let the agent know.
Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and such as cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Accordingly, all interested parties should make their own enquiries to verify this information.
Property History for 226/156 Bathurst St, Hobart, TAS 7000
- 09 Jan 2026Sold
- 17 Aug 2025Listed for Sale $170,000
- 10 Apr 2025Listed for Sale $190,000
Recent sales nearby
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0About 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 3,096 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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