321/156 Bathurst StreetHobart TAS 7000
Property Details for 321/156 Bathurst St, Hobart
321/156 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 September 2018.
Last Listing description (October 2018)
If youre after an investment opportunity that offers solid returns, look no further. Located in the Best Western building, we have two, 1 bedroom units up for grabs.
There is currently an active management agreement with the Best Western Hotel confirming consistent returns. An active lease is in place for each of the units, both due to expire in October 2023, with the option to extend for a 10-year period. Currently, the return per unit is approximately $13,971 net per annum.
Each of the units have their own balcony that open to a stunning view of Mount Wellington and the surrounding city aspect. 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 couldnt be better for people on vacation or for a quick business trip. #AtYourService
Property History for 321/156 Bathurst St, Hobart, TAS 7000
- 23 Sep 2018Sold for $460,000
- 17 Sep 2018Listed for Sale Buyers looking in the $225,000+ price range each
- 21 Jul 2006Sold for $300,000
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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