319/156 Bathurst StreetHobart TAS 7000
Property Details for 319/156 Bathurst St, Hobart
Last Listing description (September 2020)
Located in the Best Western, this set and forget hotel room is a hassle free investment and valuable addition to your portfolio.
There is currently an active management agreement with the Best Western Hotel, ensuring that bookings, outgoings, cleaning and maintenance are all attended for. The current lease expires in 2023, and there is an additional 2 x 10 year extension options available, providing additional security to the unit owner.
The unit has its own balcony that opens to an impressive view capturing Mount Wellington. The room is soon to have a stylish bathroom renovation which has been paid for by the current owner.
Along with the ownership of the unit it comes with a list of benefits through the Best Western such as discounts and complimentary accommodation.
Just a 5-minute walk to the heart of the city and only a 15-minute stroll to Salamanca, with an amazing location in the Hobart CBD the positioning couldn't be better for people on vacation or for a quick business trip. #AtYourService
Property History for 319/156 Bathurst St, Hobart, TAS 7000
- 10 Sep 2020Sold for $185,000
- 28 Aug 2020Listed for Sale $199,000+ price range
- 15 Nov 2010Listed for Sale $169,000
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 3,095 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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