375 Hobart RoadYoungtown TAS 7249
Property Details for 375 Hobart Rd, Youngtown
Last Listing description (November 2019)
A fantastic opportunity to purchase and live on site with minimal overheads, low vacancy rates and strong returns.
Cosy Homestead offers budget, transitional and long term accommodation. The property comprises of 16 individual furnished rooms, 5 with internal showers and 1 with a full en-suite, a communal kitchen, living area, dining room and 3 communal bathrooms, and can provide sleeping arrangements for up to 40 people, set across 2 buildings.
The property also contains a 2.5 bedroom managers residence with office area, private kitchen and bathroom, as well as a secure courtyard and secure parking for 2 cars.
Currently the owner is responsible for all the day to day operations of the business including maintenance and cleaning but this could be re-organised with minimal effort. The business has been run successfully with an onsite caretaker in place in the past.
Well located in the southern suburb of Youngtown, with direct access to bus stops (40/50) and next to an IGA supermarket, the property also enjoys close proximity to the Kings Meadows shopping precinct and the Launceston Airport and offers potential STCA to expand or adapt to another use with an Inner Residential Zoning allowing for a large scope of uses.
Trading figures and inspections are by appointment. A rare opportunity exists to own a superb freehold property that will continue to increase in value while operating a business that is essential in today's market with strong returns and minimal vacancies.
Offered for sale as a going concern on a WIWO basis at offers over $675,000 including all plant, equipment and business chattels.
Inspections by Appointment
The Phone Code for this property is: 70891. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 375 Hobart Rd, Youngtown, TAS 7249
- 10 Nov 2025Sold for $580,000
- 10 Oct 2019Sold for $582,000
- 06 Aug 2019Listed for Sale Not Disclosed
Recent sales nearby
See more recent sales nearby/assets/perm/ufpftea7yqi65hpp2hsawv2fhe?signature=d0f304ca4df28b7fff6b06a0f48184230f1147fc74481a5fabf7b78d51187850){kind=logo}
0/assets/perm/mfcxalfxq4i6vlpcagnnzeyrgm?signature=a3a0082d9a2e7a97f4cc3732e13489fd1b6e5a1dfd24ed25ff6c809a77afc99d){kind=logo}
0/assets/perm/qzk4ahv33ai63ogvrnm7k5qsgi?signature=095b5223a07eaebe3c1266701d2b98681b45566d877cf1a201563ce3a34c63f9){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Youngtown 7249
The size of Youngtown is approximately 4.9 square kilometres. There are 4 parks, covering nearly 7.0% of the total area. The population of Youngtown in 2016 was 4053 people. By 2021 the population was 4315 showing a population growth of 6.5% in the area during that time. The predominant age group in Youngtown is 20-29 years. Households in Youngtown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Youngtown work in a professional occupation.In 2021, 73.80% of the homes in Youngtown were owner-occupied compared with 73.10% in 2016.
Youngtown has 2,400 properties. Over the last 5 years, Houses in Youngtown have seen a 61.60% increase in median value, while Units have seen a 53.70% increase. As at 30 April 2026:
- The median value for Houses in Youngtown is $718,583 while the median value for Units is $499,391.
- Houses have a median rent of $565 while Units have a median rent of $420.
Suburb Insights for Youngtown 7249
Market Insights
Youngtown Trends for Houses
N/A
N/A
View TrendN/A
N/A
Youngtown Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
