429/156 Bathurst StreetHobart TAS 7000
Property Details for 429/156 Bathurst St, Hobart
429/156 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 August 2017.
Last Listing description (October 2017)
Rush to buy a slice of the Hobart investment property market with a perfect stress-free income option. Seldom on offer, this is an opportunity to secure a freehold hotel investment managed by the Best Western Hotel chain.
This one bedroom studio sits on the edge of the CBD and is only a short stroll to the trendy Salamanca Place shops, cafes, restaurants and the Hobart Waterfront. The hotel features a gym, conference and function rooms, lounge bar and a restaurant on site.
With a secure lease in place until 2023 and a high return of approximately 7% net yield is appealing to all investors. Further advantages include the option to stay at the hotel free of charge for four nights per year along with inclusion in the Best Western Reward Program offering discounted family benefits through the Best Western Hotel Chain.
Property History for 429/156 Bathurst St, Hobart, TAS 7000
- 18 Aug 2017Sold for $220,000
- 16 Aug 2017Listed for Sale $195,000 plus range
- 17 Jul 2006Sold for $150,000
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 3,066 properties. Over the last 5 years, Houses in Hobart have seen a 10.69% increase in median value, while Units have seen a 8.33% increase. As at 30 November 2025:
- The median value for Houses in Hobart is $990,740 while the median value for Units is $806,999.
- Houses have a median rent of $620 while Units have a median rent of $630.
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