310/1 Sandy Bay Road, Hobart TAS 7000

One-bed executive apartment | Opposite St Davids Park | Fully furnished Art Deco | Tourist & business demand | High rental yield This unit presents a competitively priced entry into central Hobart with a distinct operational advantage. Its full furnishing and executive classification, managed by a major accommodation group, create immediate short-stay rental income, serving investors seeking a turnkey solution. The 6% estimated yield notably exceeds Hobart’s median, supported by its prime location between the waterfront, Salamanca, and the CBD, which sustains tourist and corporate demand irrespective of broader market softening. Proceed with the understanding that its value is tied to commercial short-term rental approval, a council-dependent contingency that introduces risk. The lack of a car space limits long-term residential appeal, but this is mitigated by its tourist positioning. Capital growth may be subdued by the overall unit market, yet the income profile justifies acquisition. Secure this for its income generation, not for speculative gain, and retain the existing management to leverage established demand channels.