419/156 Bathurst Street, Hobart, TAS, 7000

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Hobart

SoldJul 10, 2026

419/156 Bathurst Street, Hobart, TAS, 7000

Amount undisclosed

30 m²

House

•

30+ days on the market

Sold: Jul 10, 2026

What's around 419/156 Bathurst Street

About this property

Looking for an easy investment with a long-term lease and strong returns? This 1 bedroom unit in Best Western Hobart offers just that. Income is approximately 6% gross yield (5% net) and a lease secured until June 2035, with an option to extend to June 2045. Returns are calculated based on the hotel's total accommodation and car parking revenue rather than this unit's individual occupancy rate, ensuring a more stable income stream. Best Western Hobart features modern conveniences such as conference/function rooms, a bar and restaurant, making it a sought-after destination for visitors. Best Western is situated within easy access to Central Hobart, Salamanca Markets and the Waterfront. Owners are responsible for council and water rates and a Strata Levy contribution, currently estimated at approximately $1,889 per unit per year. Photos have been provided by Best Western Hotel and may not depict the specific unit 419 but offer a close example These units are tightly held, so secure your investment today.

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Buyer's review

25 days ago

Verified Review

Colin demonstrated patience and understanding while maintaining a professional approach.

Colin has an excellent knowledge of the market. His approach is meeting the customer's needs, and he demonstrates this by having patience and understanding of those needs. Phone and email communication was used by Colin in dealing with me as this was the most appropriate way in the circumstances.

Buyer