A rare tree change opportunity that ticks all the boxes
Enter Jeff and Annie Brown and a lovely old bank…
It was a love of old buildings rather than a desire to own a bank that prompted Jeff and Annie Brown to buy the old ANZ bank in Lang Lang.
Built in 1929 it originally served as the E S & A bank with accommodation for the bank manager – just right for the time when bank managers were a pillar of society. It was rebranded as an ANZ bank when the E S & A was absorbed by the ANZ in 1970 and when Jeff and Annie took possession recently, the bank fittout was still in place.
“We’ve been farming in the area for more than 30 years. Lang Lang is our closest town and our daughter attended pony club here. We love the area and want to attract more like-minded people”. This beautiful old bank is the landmark building in town. Fortress-like, it has high ceilings, beautiful hardwood timber flooring and an amazing walk in vault with 6 inch doors and a 2 dial locking mechanism!
We have the property, we just need the right tenant
“Now we are looking for a tenant who can help us return this building to being a hub in the town. We think it lends itself to a stylish cafe – apart from the banking chamber there is a lovely outdoor garden area ideal for al fresco seating. We are really keen to hear from people who’d love to partner with us to unlock its potential.
Annie and Jeff have done their homework and know what’s missing. The old bank could become home to an Airbnb, natural therapies, antiques, providore, boutique brewery, nursery – or a combination of uses.
“We want to fulfil our dream by finding the right person or family that wants to fulfil their dream and be custodian of this beautiful building in this delightful rural town. “We’d love to partner with the tenant/s rather than handing it over to a Real Estate agent to manage”.
Run a seachange business AND live a tree change life
There is attached accommodation of 3 bedrooms, living room, kitchen, bathroom and an old fashioned breakfast room, so it is ideal for someone, a couple or family, who’d love to live and work in an historic building.
Although structurally sound, the residential section is ready for a face lift. Annie and Jeff are waiting to find the right tenant to help redesign the refurbishment.
Why Lang Lang is a perfect tree change location
Lang Lang is a small Victorian farming community about 85km south east of Melbourne en route to Phillip Island with easy access to Pakenham, Cowes, Korumburra, Leongatha and Wonthaggi. The town boasts a pub, bakery, supermarket, bank, well known antique shop, lots of other shops and services and an active football club. Located next to the newsagency, the old bank has pride of place in the main street.
An easy one hour drive from Melbourne via the South Gippsland highway, Lang Lang is just off the main Phillip Island route so it retains a peaceful rural lifestyle. With a friendly, close-knit community, it’s a town where a customer can be asked to mind the shop while the owner dashes off to the Post Office.
There is estate development around the town, which will attract young families, and plans for an aged care facility. The population is forecast to increase by 20% in the next 5 years. Between 2011 and 2026, the age structure forecasts for Lang Lang indicate a 60.4% increase in population under working age, a 76.3% increase in population of retirement age, and a 47.0% increase in population of working age.
“We think it has just the right balance of access to facilities but runs at a leisurely pace… it’s a place where people make time to sit around and drink coffee with friends.”
Jeff wants to call it the Left Bank (what has been left when the bank closed, or for those with fond memories of Paris). Annie wants to call it the Right Bank (as in this is the right pace to be).
What do you reckon?
To find out more about this opportunity please contact Annie or Jeff Brown on 0438 375 332.
The Old Lang Lang Bank Needs You and, who knows… this just might be the tree change you’ve been looking for!