419/156 Bathurst Street, Hobart, Tas 7000-Image

For Sale

419/156 Bathurst Street, Hobart, Tas 7000

$169,000

House

Type

Bedrooms

Bathrooms

30 m²

Area

Published on Wednesday, May 13, 2026 ( See property details for 419/156 Bathurst Street, Hobart, Tas 7000)

$169,000

Colin Miller - Real Estate Agent - Harcourts - Hobart

Colin Miller Property Representative

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AI Property Insight

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

A modern one-bedroom unit in the prestigious Best Western Hobart offering secure long-term income and prime waterfront location.

🏡 Property Highlights

Secure long-term lease until June 2035 with an option to extend to June 2045
Strong gross yield of approximately 6% with stable income from hotel revenues
Modern amenities including conference rooms, bar, and restaurant within the hotel
Prime location in Hobart, close to Salamanca Markets and the Waterfront
Tightly held units offering potential for long-term growth
Four nights of free accommodation annually for owners

✨ Key Features

Open-Plan Living
Waterfront / Views
Security Screens / Gates
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Balcony
Outdoor Area
Built-in Robes
Home Office / Study
Ceiling Fans

Suburb and Property Insights of Hobart, TAS 7000

Hobart is a vibrant waterfront city renowned for its rich history, thriving arts scene, and excellent dining options. The area offers easy access to Salamanca Markets, the Waterfront precinct, and central Hobart, making it a highly desirable location for both residents and visitors. With ongoing development and tourism growth, Hobart presents a promising opportunity for property investors seeking stable returns and long-term capital growth. The city’s relaxed lifestyle combined with modern amenities makes it an attractive destination for both locals and tourists.

Frequently Asked Questions

What amenities are available within the hotel complex?

The hotel features conference and function rooms, a bar, and a restaurant, providing modern conveniences for owners and guests.

What is the expected rental income for this unit?

The rental income is based on hotel accommodation revenues, with a ten-year average of approximately $11,304 per annum net to owners.

Is the lease on the unit secure and long-term?

Yes, the lease is secured until June 2035 with an option to extend to June 2045, offering long-term income stability.

What are the ongoing costs associated with ownership?

Owners are responsible for council and water rates, as well as a Strata Levy contribution estimated at approximately $1,889 per year.

Can I purchase multiple units within the hotel?

Yes, interested buyers can contact the agent, Colin Miller, to discuss purchasing multiple units.

What to ask about this property to agent?

Are there any additional or hidden costs beyond the Strata Levy and council rates? Has the property been inspected for any structural or maintenance issues? Are there any upcoming developments or planning applications in the area that could affect the property? What are the terms and conditions of the lease, and are there any restrictions on ownership or use? Is the property compliant with all local building and safety regulations? Are there any easements, zoning restrictions, or covenants affecting the property? What is the history of the property's occupancy and rental performance? Are there any planned upgrades or renovations to the hotel that could impact the unit? What is the process for extending the lease beyond 2035? Are there any risks related to flood, bushfire, or other environmental hazards in the area?

419/156 Bathurst Street, Hobart, Tas 7000 - More Details

$169,000

Type: House
Bedrooms: 1
Bathrooms: 1
Area: 30 m²
House Size: 30 m²

419/156 Bathurst Street, Hobart, Tas 7000 - Point Of Interest

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Your Commute at a Glance: 419/156 Bathurst Street, Hobart, Tas 7000

Email Enquiry To Harcourts - Hobart

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Colin Miller

419/156 Bathurst Street, Hobart, Tas 7000

$169,000

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