OFF MARKET

214/156 Bathurst Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 30m2
Land area: 30m2
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Property Details for 214/156 Bathurst St, Hobart

214/156 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 December 2015.

Building Type
Unit
Year Built
1976
Floor Size
30m2
Land Size
30m2
Local Government
Hobart
Lot/Plan
214/146357

Last Listing description (March 2016)

Own a suite in a major central Hobart hotel and reap the rewards
This is a pure investment. There are no outgoings and no maintenance costs. Pay for the unit and receive a cheque for the income from Best Western Hobart which leases and manages this freehold suite investment. Owning a unit in this block ensures good returns and a range of benefits through the Best Western Hotel chain including discounts and free nights. This is an opportunity for those looking for a steady income stream and a good return. A great set and forget investment - perfect for self-managed superannuation funds or investors just starting out.
Secure Freehold Hotel Suite Investment

Managed by Best Western Hotels
Secure lease until October 2023
Current rent approx. $10,935 per annum
Equates to 6.83% nett return.

Property History for 214/156 Bathurst St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$162,000
08 Dec 2015
  • 08 Dec 2015
    Sold for $162,000
  • 04 Nov 2015
    Listed for Sale Not Disclosed
  • 13 Mar 2007
    Sold for $150,000

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About 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 2011 was 2,102 people. By 2016 the population was 2,298 showing a population growth of 9.3% 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 2011, 31.3% of the homes in Hobart were owner-occupied compared with 26.4% in 2016.

Hobart has 3,030 properties. Over the last 5 years, Houses in Hobart have seen a 27.83% increase in median value, while Units have seen a 34.77% increase. As at 31 October 2024:

  • The median value for Houses in Hobart is $1,051,039 while the median value for Units is $818,558.
  • Houses have a median rent of $560 while Units have a median rent of $575.
There are currently 15 properties listed for sale, and 30 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Hobart.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.