120/15 Hunter Street
Hobart, TAS 7000

Overview

Front Row to Hobart's Next Growth Chapter

This exceptional opportunity offers the chance to acquire one or multiple fully furnished waterfront studios within the exclusive Zero Davey complex, currently operating as the Zero Davey Boutique Apartments. These studios present a proven, low-maintenance investment with an approximate 5% net return after expenses, situated in one of Hobart's most sought-after locations.

Buyers can select from four individual studios, each with a unique position and aspect within the building. On the Davey Street side, there are two ground-level apartments (105/15 Hunter Street and 106/15 Hunter Street) and a first-floor apartment (115/15 Hunter Street), all providing excellent value and consistent demand. Notably, apartment 115/15 Hunter Street features a Juliet-style balcony, enhancing its appeal.

On the premium Hunter Street waterfront side, apartment 120/15 Hunter Street distinguishes itself with a larger private balcony and direct connection to the marina atmosphere. This offers a stronger lifestyle component alongside its investment credentials.

With the nearby development of Hobart's new waterfront stadium progressing, the long-term investment outlook for this location is increasingly positive. Major infrastructure projects like this typically stimulate increased visitor numbers, year-round events, and heightened demand for short-stay accommodation. These apartments are well positioned to benefit from future growth in tourism and accommodation demand, supporting both occupancy rates and income potential over time.

Opportunities of this nature are rare. Investors can secure one as a set-and-forget investment or consider purchasing multiple units to build scale within a proven waterfront accommodation complex.

Available Apartments:

• 105/15 Hunter Street - Ground floor (Davey Street side) - Offers over $595,000
• 106/15 Hunter Street - Ground floor (Davey Street side) - Offers over $595,000
• 115/15 Hunter Street - First floor with Juliet balcony - Offers over $595,000
• 120/15 Hunter Street - Larger balcony, waterfront side - Offers over $645,000

Key Features:

• Four individual studios available for purchase
• Approximately 5% net return after expenses
• Professionally managed accommodation complex
• Located on Hobart's iconic waterfront
• Walking distance to Salamanca, CBD, and dining precincts
• Ability to purchase one or multiple properties
• Strong ongoing demand for short-stay accommodation

Additional Information:

• Approximate current annual council rates: $959
• Approximate annual water rates: $781
• Approximate strata levies: $936
• Construction date: 2004

Disclaimer: Every effort has been made to ensure the accuracy of the information contained herein. While there is no reason to doubt its accuracy, guarantees cannot be assured. The content is intended as advice and should not be taken as absolute fact. All imagery displaying outlines, measurements, or locations are approximate for marketing purposes only. Interested parties should make their own enquiries to verify this information.

Location