121/156 Bathurst Street

Hobart TAS 7000

30 m²

Apartment

Currently for sale - view listing

Overview

Set-and-forget in the heart of Hobart

Positioned in the heart of Hobart's vibrant city centre, this fully furnished one-bedroom apartment presents a rare opportunity to secure a premium, hands-free investment within the highly regarded Best Western Hobart. Offering both reliability and simplicity, this property is ideally suited to investors seeking consistent returns or people looking for a bolt hole in Hobart. Located on an upper floor, the apartment enjoys elevated mountain views and a light-filled interior. The recently updated bathroom and well-appointed furnishings provide guests with comfort and style, ensuring continued appeal and strong occupancy rates. Sold on a walk-in, walk-out basis, it comes fully equipped and ready to generate income from day one. The property is located within the Best Western Hotel, one of Hobart's most established accommodation providers. The unit is managed independently by a private short-term management company and currently operates as a successful short-term rental, generating an approximate net income of $12,000 per annum. The Best Western Hobart is perfectly positioned to capture both corporate and leisure demand. Just moments from Salamanca Place, Elizabeth Street Mall, and the Hobart waterfront, the hotel attracts a steady flow of guests year-round. Its strong brand presence, onsite restaurant and bar, conference facilities, and proximity to major attractions all contribute to exceptional occupancy levels and stable financial performance. With Hobart's tourism sector continuing to grow and hotel-style accommodation in high demand, this property represents an excellent opportunity to secure a low-maintenance, high-performing investment in Tasmania's thriving capital. Whether you're looking to diversify your portfolio or use personally, Unit 121 offers an effortless path to long-term returns and capital growth.