102-106 Hobart Road, Kings Meadows, TAS 7249 | Property Value & History | OnTheHouse
OFF MARKET

102-106 Hobart Road
Kings Meadows TAS 7249

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 7500m2
Land area: 22480m2
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Property Details for 102-106 Hobart Rd, Kings Meadows

Building Type
Commercial
Year Built
1987
Floor Size
7500m2
Land Size
22480m2
Local Government
Launceston
Lot/Plan
1/138941

Last Listing description (November 2025)

Offering a rare opportunity to purchase an established franchise Donut King at Kings Meadows Tasmania.

Donut King Franchise started circa 1981 in Australia.

Net profit for financial year 2025 in excess of $200,000.

Regretful sale by the current owners due to personal reasons. If you are looking to enter into the hospitality game then look no further.

Key features of this business:

>Donut King is an easy-to-run franchise with clear operating procedures and training provided to the franchisee.

>Ideal business for a family or part-time working owner/s.

>Key to making money at Donut King is serving everyone with a smile.

>Located in a very busy shopping centre of Kings Meadows, regular repeat customers every day.

>Every Day-Selling approx 15 kg cinnamon donuts, 3 kg coffee, 4 bread loaves of toasties and about 3 packs of hot dogs.

>Current owners enjoy serving local customers and have established rapport with clients.

>Operating Monday to Friday 7.30 am to 5.30 pm; Saturday and Sunday 8.00 am to 4 pm.

>Plenty of parking for customers in the shopping centre.

>Operated by two full-time working owners and casual staff.

>Owners have to only focus on running the business, all the marketing and supply of goods is done by the franchisor.

>This store offers both dining and takeaway food and drinks.

>No qualifications are required to own this business.

You can grow the business further by getting involved with the local community and offering catering for private functions and events.

Your search for becoming the owner of a successful business ends here. Take charge of your financial journey. Fill out a confidentiality agreement for more information.

Financials will only be supplied to qualified buyers.

For more information or to arrange a private viewing of this remarkable property, contact Praveen Pant 0432 256 682, or contact Paul Scott at 0477 771 098 email: praveenp@tasbps.com.au/ pauls@tasbps.com.au

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

NOTE: All figures are approximate.

Property Code: 1950

Property History for 102-106 Hobart Rd, Kings Meadows, TAS 7249

A timeline of how this property has performed in the market
Last Sold
$44,000,000
10 Jun 2015
Listed for Rent
$85k/w
20 Sep 2023
  • 31 Oct 2025
    Listed for Sale $99,000+SAV INCLUDING TRAINING COSTS
  • 22 Jul 2025
    Listed for Sale $99,900+TRAINING COST+SAV
  • 11 Jul 2024
    Listed for Sale $99,900+TRAINING COST
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About Kings Meadows 7249

The size of Kings Meadows is approximately 5.0 square kilometres. There are 8 parks, covering nearly 20.2% of the total area. The population of Kings Meadows in 2016 was 3670 people. By 2021 the population was 4359 showing a population growth of 18.8% in the area during that time. The predominant age group in Kings Meadows is 20-29 years. Households in Kings Meadows are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kings Meadows work in a professional occupation.In 2021, 63.00% of the homes in Kings Meadows were owner-occupied compared with 64.60% in 2016.

Kings Meadows has 2,336 properties. Over the last 5 years, Houses in Kings Meadows have seen a 45.30% increase in median value, while Units have seen a 47.92% increase. As at 31 July 2026:

  • The median value for Houses in Kings Meadows is $658,004 while the median value for Units is $505,968.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Kings meadows on OnTheHouse. According to Cotality's data, 99 properties were sold in the past 12 months in Kings meadows.

Suburb Insights for Kings Meadows 7249

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.