OFF MARKET

218/156 Bathurst Street
Hobart TAS 7000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 30m2
Land area: 30m2
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Property Details for 218/156 Bathurst St, Hobart

218/156 Bathurst St, Hobart is a 1 bedroom, 1 bathroom Unit with 1 parking spaces 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 April 2023.

Building Type
Unit
Year Built
1976
Floor Size
30m2
Land Size
30m2
Local Government
Hobart
Lot/Plan
218/146357

Last Listing description (May 2023)

Situated within the modern Best Western hotel complex, within the vibrant inner-city Bathurst Street surrounded by the very best the CBD has to offer, this impressive apartment offers a superb opportunity for astute investors.

As part of the hotel facility, Best Western is responsible for all outgoings, including rates, strata fees and body corporate and maintenance. Leased back to the hotel, the unit returns are calculated based upon the revenue of the popular hotel, and in-demand city car park.

The executive room is fully furnished, and tastefully decorated. There is a small sitting room within, combined with a bedroom, and an in-built entertainment unit with flatscreen television and tea and coffee making facilities. Indoors extend out to a sunny private balcony, ideal for a glass of wine, or a morning coffee.

The stylish bathroom features classic charcoal tiling, a walk-in glass shower, toilet, and a vanity. Built-in wardrobes sit adjacent.

Within the hotel, the recently refurbished Embers Bar and Grill is a popular spot to meet friends and dine from their seasonal farm-to-table menu, with locally sourced Tasmanian produce. The popular Farmgate Markets on lower Bathurst Street are just minutes away by foot on a Sunday morning.

Another fabulous drawcard of owning a room within the Best Western complex, is the entitlement of four free nights' accommodation per year, across the franchise in any town or city.

Ideally located to take full advantage of the surrounding amenities of the city, North Hobart, and within a short stroll to the iconic waterfront, and Salamanca, this impressive suite in the heart of Hobart offers an attractive investment package in a highly sought-after location.

Executive apartment within Hobart's Best Western hotel
Ideal investment property, with no outgoings
Leased back to hotel for high revenue returns
Modern room with balcony and private bathroom
Sought-after inner-city location

* Images shown may not be of the specific unit 218 but do provide a close example.

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, we cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

All timeframes and dimensions are approximates only.

Property History for 218/156 Bathurst St, Hobart, TAS 7000

A timeline of how this property has performed in the market
Last Sold
$205,000
18 Apr 2023
  • 18 Apr 2023
    Sold for $205,000
  • 03 Apr 2023
    Listed for Sale $205,000+
  • 03 Aug 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 3,028 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 29 properties listed for rent in Hobart on OnTheHouse. According to CoreLogic's data, 67 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.