An exceptional opportunity to secure one, or multiple, fully furnished waterfront studios within the tightly held Zero Davey complex.
Currently operated as Zero Davey Boutique Apartments, these properties offer a proven, low-maintenance investment with approximately 5% net return after expenses, all in one of Hobart's most in-demand locations.
Buyers can choose from four individual studios, each offering a slightly different position and aspect within the building.
On the Davey Street side, two ground level apartments (105/15 Hunter Street & 106/15 Hunter Street) and a first-floor apartment (120/15 Hunter Street) provide excellent value and consistent demand. Apartment 120/15 Hunter Street also benefits from a Juliet-style balcony, adding an extra layer of appeal.
Positioned on the premium Hunter Street waterfront side, apartment 115/15 Hunter Street stands out with its larger private balcony and direct connection to the marina atmosphere, offering a stronger lifestyle component alongside its investment credentials.
With Hobart's new waterfront stadium development progressing nearby, the long-term investment outlook for this location is only strengthening. Major infrastructure projects like this typically drive increased visitor numbers, year-round events, and heightened demand for short-stay accommodation. These apartments are well placed to benefit from future growth in tourism and accommodation demand, supporting both occupancy rates and income potential over time.
Opportunities like this are rare. Secure one as a set-and-forget investment, or consider multiple to build scale in a proven waterfront accommodation complex.
Available Apartments:
• 105/15 Hunter Street - Ground floor (Davey St side) - Offers over $595,000
• 106/15 Hunter Street - Ground floor (Davey St side) - Offers over $595,000
• 120/15 Hunter Street - First floor + Juliet balcony - Offers over $595,000
• 115/15 Hunter Street - Larger balcony, waterfront side - Offers over $645,000
Key Features:
• 4 individual studios available to purchase
• Approx. 5% net return after expenses
• Professionally managed accommodation complex
• Located on Hobart's iconic waterfront
• Walking distance to Salamanca, CBD, and dining
• Options with and without balconies
• Ability to purchase one or multiple properties
• Strong ongoing demand for short-stay accommodation
Approximate Current Annual Council Rates: $740
Approximate Annual Water Rates: $766
Approximate Strata Levies: $936
Construction Date: 2004
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 as such 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. Some images may depict digital styling. Accordingly, all interested parties should make their own enquiries to verify this information.
