SoldApr 2, 2026

221/156 Bathurst Street, Hobart, TAS, 7000

$160,000

1
1
30 m²

Apartment

30+ days on the market

Sold: Apr 2, 2026

What's around 221/156 Bathurst Street

Prime Investment Opportunity in Central Hobart

Experience the ease of a truly hands-free investment with this fully furnished one-bedroom apartment located in the vibrant heart of Hobart's city centre. Securely leased to the reputable Best Western Hobart, this property offers a high-yield, low-maintenance investment with consistent performance and minimal owner involvement. Positioned on the second floor, Unit 221 is a spacious King Room boasting a private balcony with sweeping city views. The interior is bright and welcoming, featuring a modern bathroom and contemporary furnishings-all recently upgraded to enhance guest comfort and ensure consistently high occupancy. Sold on a walk-in, walk-out basis, it's fully equipped and ready to generate immediate income from settlement. As part of the trusted Best Western Hotel brand, investors benefit from reliable 6-7% returns (approx.), minimal outgoings, and no marketing, leasing, or management fees. This is a truly effortless addition to any investment portfolio. Ideally positioned within walking distance of Salamanca Place, Elizabeth Street Mall, and the Hobart waterfront, the hotel attracts a steady flow of both business and leisure guests year-round. On-site amenities, including a restaurant, bar, and conference facilities, further support high occupancy and stable income streams. With Hobart's tourism market continuing to thrive and demand for premium hotel accommodation on the rise, Unit 221 presents an exceptional opportunity for investors seeking strong returns, dependable income, and long-term capital growth in Tasmania's dynamic capital. Please contact Enrico for more information **The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

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