Unit 1 / 139-143 Hobart Road
Kings Meadows TAS 7249
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Auction: 5th Aug 2026 (10:30 am)
Tasmanian State Government Leased Investment
CBRE and Elders Commercial Tasmania are pleased to offer to the market Unit 1, 139-143 Hobart Road, Kings Meadows, Tasmania for sale via Investment Portfolio Auction 186.The property has the following key investment highlights:
+ 7 Year Lease to The Crown in Right of Tasmania (Department of Premier and Cabinet) to July 2029 plus one 4 year option through to July 2033
+ Annual CPI rent reviews
+ Well presented premises (179sqm on title) with high quality tenant fit out incorporating reception, offices, meeting room and staff kitchen and amenities
+ Single-tenant investment with minimal management required.
+ Strategic position on major arterial Hobart Road, central position amongst two of Tasmania’s strongest trading Coles and Woolworths supermarkets, major banks and more.
+ Kings Meadows: the largest commercial district outside of the Launceston CBD.
+ Launceston: the northern capital of Tasmania servicing local and regional population of 230,000+ experiencing record capital investment of $4.3b.***
+ Net income: $49,403 pa +GST (July 2026 assuming CPI at 3.75%)
To be auctioned as part of CBRE Investment Portfolio Auction 186 10.30am AEST Wednesday 5th August 2026
Promenade, Crown Casino Melbourne.
Features
General Features
- Commercial Type: Offices
- Building Area: 179sqm
Can I afford Unit 1 / 139-143 Hobart Road?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
Calculators
Elders Real Estate Launceston
Enquire about Unit 1/139-143 Hobart Road, Kings Meadows, TAS, 7249