Built in 1877, 243 Main North Road and 28 Old North Road, Clare, provides a timeless investment opportunity for those wanting to own a piece of South Australian history.
Designed by Adelaide based architect Daniel Garlick, the elaborate two-storey bank is one of the finest examples of a late nineteenth century banking house in the lower north.
“This is a key property and a magnificent investment opportunity,” Ray White Commercial Adelaide Asset Management principal Ian Lambert said.
“Unlike most bank buildings this property has solid, substantial improvements.
“It has been occupied by ANZ since the building opened and is still securely leased to ANZ.”
A picturesque drive just two hours from the Adelaide CBD, Clare has been transforming since 2018 when the Clare and Gilbert Valley councils undertook a strategic move to revitalise the main street.
The town recently won the 2021 SA Top Tourism Town award.
Positioned alongside the vibrant Ennis Park and Clare Town Hall, Ray White Commercial Adelaide Asset Management salesperson Tali Willcox said the ANZ building was in a prime location in the popular main street.
“In a thriving town experiencing strong growth and tremendous transformation, due to the impact of Covid-19, and where most properties are tightly held by a few investors/owners, demand for this exceptional property will be high,” Ms Willcox said.
“Strategically and centrally located, ANZ Clare adjoins Ennis Park, Clare Town Hall and has two street frontages providing significant benefits and a multitude of opportunities.”
Ray White Clare Valley principal Mark O’Meagher said the building was possibly the best commercial investment opportunity the Clare Valley had ever seen.
“This property is basically maintenance free with substantial updates and an unrivaled location within the main street of Clare,” Mr O’Meagher said.
The property is being sold by expression of interest, closing at 3pm on September 22.
HI-RES IMAGES
Media contacts:
Ian Lambert
Principal
Ray White Commercial Adelaide Asset Management
0413 155 665
ian.lambert@raywhite.com
Tali Willcox
Salesperson
Ray White Commercial Adelaide Asset Management
0434 303 458
tali.willcox@raywhite.com
Cassandra Glover
Media advisor
Ray White Group
0447 000 472
cglover@raywhite.com
_243_Main_N_Rd_Clare-3_(2).jpg)
