How many times have you driven past a property and commented: "If ever an opportunity presented to get that, we will jump at it".

154 Elphin Road has been through the changes of a re-brand from Launceston Bank For Savings, Trust Bank, Tasmania Bank, Commonwealth Bank, but it has been a bank for as long as many of us can remember.

Well, now the opportunity presents for another business to take the prime commercial space in Newstead and create a new life for the building.

Perched above the streetscape, the building is readily recognisable to the high traffic volumes utilising Elphin Road/Penquite Road.

The premises has been operating for many years as a banking chamber, and this presents the first opportunity in decades to take up this high profile space, in the heart of Newstead on a bus route.

With nine car parking spaces on-site for staff and customers, this property ticks the boxes of businesses requirements.

The tenancy is currently being de-fitted and will provide an open plan for professional rooms or retail with the opportunity for partitioned offices and modern staff amenities.

The lessor can work with a lessee during the ensuing fit-out removal to accommodate any needs of the Lessee in relation to "fit for purpose" fit-out.

Ramp access is provided to the main tenancy, opening into a reception/waiting area.

A number of bank security features will remain on the premises.

Newstead has developed into a very popular strip shopping precinct with gym, café, supermarket, doctor/pharmacy and hotel all forming part of the strip offering.

Traffic volumes along Elphin Road will ensure your business signage will be your primary marketing for any business recognition.