254 Main North Road Clare SA 5453

Sought after Historic Bank in prime Regional Location
Leased to National Australia Bank
Only the second time it has come up for sale in the last 142 years

- Stone Bank constructed 1881
- National Australia bank Branch for 142 years (only occupant)
- Current Lease Term until 1/06/2026
- 2 x 4 years Rights of Renewal to 1/06/2034
- Strategic location in center of Clare township
- Banking Chamber plus offices and Staff amenities Downstairs with offices upstairs
- Estimated net annual income of $78280 + GST as of September 2023
- Prime site with onsite hardstand car parks at rear
- Located in the very strong regional township of Clare
- Building area of approximately square metres 355m2
- Land Area approximately - 685M2
- Frontage to Main North Road approximately 16 mtrs
- Zero stamp duty on sale of commercial property in South Australia

EOI Closing Date Friday 27th October 2023 at 4.00pm (unless sold prior)