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404/156 Bathurst Street, Hobart, Tas 7000 For Sale
404/156 Bathurst Street, Hobart, Tas 7000 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image 404/156 Bathurst Street, Hobart, Tas 7000-Image

404/156 Bathurst Street, Hobart, Tas 7000

$165,000

House
Type
1
Bedrooms
1
Bathrooms
30 mΒ²
Area

Published on Wednesday, October 14, 2026 ( See property details for 404/156 Bathurst Street, Hobart, Tas 7000)

$165,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern one-bedroom unit within the Best Western Hobart hotel offering secure long-term income and premium amenities in a prime location.

🏑 Property Highlights

  • Secure long-term lease until June 2035 with extension options to June 2045
  • Strong estimated gross return of approximately 8.5% and net return of around 7.5%
  • Tightly held investment opportunity in a sought-after hotel location
  • Modern hotel amenities including conference rooms, bar, and restaurant
  • Stable income based on hotel accommodation and car parking revenue
  • Low-maintenance investment with minimal management responsibilities

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Fully fenced
  • Internal Laundry
  • Pet-Friendly
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404/156 Bathurst Street
Hobart, TAS 7000
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Vertical aerial view β€” 404/156 Bathurst Street
404/156 Bathurst Street — Vertical Aerial  •  Hobart, TAS 7000  •  Nearmap © 2026

Hobart offers a vibrant waterfront lifestyle with easy access to Salamanca Markets, the waterfront precinct, and central Hobart. The area boasts a strong tourism draw, modern amenities, and excellent transport links, making it an ideal location for both leisure and investment. The neighbourhood combines historic charm with contemporary conveniences, ensuring a desirable lifestyle for residents and visitors alike.

What are the main benefits of investing in this hotel unit?
This unit offers a secure long-term lease, strong and stable income based on hotel revenues, modern amenities, and a prime waterfront location in Hobart, making it an attractive and low-maintenance investment.
What amenities are available within the hotel complex?
The hotel features conference and function rooms, a bar and restaurant, providing a comprehensive range of facilities for guests and owners.
How is the income generated from this property?
Income is based on hotel accommodation and car parking revenue, with an average annual net income of approximately $11,487 per unit.
What are the ongoing costs associated with ownership?
Owners are responsible for land tax, council rates, and a strata levy contribution, totaling approximately $1,943 annually.
Is there any flexibility in the lease terms?
Yes, the lease is secured until June 2035 with an option to extend to June 2045, providing long-term security for investors.
Are there any additional costs or fees not included in the strata levy or land tax? Has the property been inspected for any structural or maintenance issues? Are there any upcoming developments or planning activities in the vicinity that could affect the property? What are the specific terms of the lease agreement and are there any restrictions? Is the property compliant with all local building and safety regulations? Are there any easements, covenants, or zoning restrictions affecting the property? What is the history of the property's occupancy and rental income stability? Are there any planned upgrades or renovations to the hotel that could impact owners? What are the policies regarding pets and owner access to the hotel amenities? Is there a history of disputes or issues with the strata or management company?

404/156 Bathurst Street, Hobart, Tas 7000 - More Details

$165,000

Looking for an easy investment with a long-term lease and strong returns? This 1 bedroom unit in Best Western Hobart offers just that.

Based on 2025/2026 figures, gross returns represent approximately 8.5%, with net returns around 7.5%.

The lease is 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, helping to provide 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 land tax, council rates, and a strata levy contribution, currently estimated at approximately $1,943 in total per unit per year.

Photos have been provided by Best Western Hotel and may not depict the specific unit 404, but offer a close example.

These units are tightly held, so secure your investment today.

Features

β€’ Rent is calculated based on hotel accommodation revenues, with the five-year average being $11,487 p.a. per unit net to owners.
β€’ Based on 2025/2026 figures, gross returns represent approximately 8.5%, with net returns around 7.5%.
β€’ Total annual outgoings approximately $1,943 per unit.
β€’ Four nights free accommodation annually for owners.

If you are interested in purchasing multiple units, please contact the agent, Colin Miller.

Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt it's accuracy, guarantee cannot be assured. The content is intended as advice, and as such cannot be taken as absolute fact. Any and all imagery displaying outlines, measurements or locations are approximate for marketing purposes only. Please refer to the title documents supplied. Accordingly, all interested parties should make their own enquiries to verify this information.
Type
House
Bedrooms
1
Bathrooms
1
Area
30 mΒ²
House Size
30 mΒ²

Map & nearby places — 404/156 Bathurst Street, Hobart, Tas 7000

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