192 High Street, Echuca, Victoria
Iconic Regional Entertainment Asset with Multiple Acquisition Pathways - Expressions of Interest are being sought
Expressions of Interest
Business Description
Echuca Paramount Cinemas and Performing Arts Complex-a landmark entertainment venue offered to the market for the first time since its original development.
Positioned in the heart of Echuca, this substantial asset represents a rare opportunity to secure a proven, income-generating cinema and live performance facility with flexible purchase options to suit investors and owner-operators alike. Buyers can consider acquiring the Freehold and Business, the Business only, or the Freehold as a passive investment, all underpinned by an established operational history.
Developed in partnership with the Campaspe Shire Council, the complex has been successfully operating since 2001 and remains a key cultural and entertainment hub within the region. The offering combines strong community relevance with diverse revenue streams, including cinema screenings, live performances, functions, and food and beverage sales.
The purpose-built, two-level facility is constructed from concrete and steel and features four modern cinemas with a total capacity of 748 seats. The main auditorium is equipped for live theatre, incorporating a stage, retractable orchestra pit, lighting bridge, and dressing rooms-providing flexibility beyond traditional cinema use. Supporting infrastructure includes a spacious foyer, candy bar, offices, storage, and loading facilities, alongside a fully integrated digital projection system with Dolby surround sound.
Set across two Commercial 1 zoned titles totalling approximately 2,239sqm, the property benefits from shared access to a large adjoining Council-owned car park, enhancing accessibility for patrons and events.
This is a compelling opportunity to acquire a tightly held, large-scale entertainment asset in one of regional Victoria's most popular tourism destinations, offering both immediate income and long-term strategic potential.
Business Summary
Other Features / Notes
A:FREEHOLD GOING CONCERN, B:OTHER OPPORTUNITY, C:VIC - North EastKey Investment Insights
1. Multiple acquisition pathways available, purchasers can buy the freehold and business, the business only, or the freehold as a passive investment.
2. Proven operational history, continuously operating since 2001, reducing start-up risk.
3. Strong community relevance via a partnership development with Campaspe Shire Council, indicating local government support and cultural significance.
4. Diverse revenue streams from cinema screenings, live performances, functions, and food and beverage sales, supporting income diversification.
5. Purpose-built, two-level concrete and steel facility designed for long-term use and structural durability.
6. Four modern cinemas with a combined 748-seat capacity, providing scale for multiple simultaneous screenings.
7. Main auditorium fully equipped for live theatre, including stage, retractable orchestra pit, lighting bridge, and dressing rooms, enabling theatrical productions and events beyond film.
8. Fully integrated digital projection system with Dolby surround sound, meeting contemporary technical standards for film presentation.
9. Supporting infrastructure includes spacious foyer, candy bar, offices, storage, and loading facilities, facilitating efficient operations and event logistics.
10. Site comprises two Commercial 1 zoned titles totaling approximately 2,239 sqm, with shared access to a large adjoining Council-owned car park, enhancing patron accessibility and event capacity.
