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 East

Marketing Agent

Kevin Connolly

CRE Brokers

Key Investment Insights

AI generated. Confirm details with the seller.

1. Iconic, tightly held regional entertainment asset offered to market for the first time since original development, indicating rarity and potential seller motivation.
2. Multiple acquisition pathways available, buyers can acquire Freehold and Business, Business only, or Freehold as a passive investment, providing transaction flexibility.
3. Established operational history since 2001, delivering proven income generation and operational continuity.
4. Developed in partnership with Campaspe Shire Council, demonstrating strong community alignment and local government support.
5. Diverse revenue streams including cinema screenings, live performances, functions, and food and beverage sales, reducing reliance on a single income source.
6. Purpose-built two-level concrete and steel facility, enhancing durability and purpose-specific design for entertainment uses.
7. Four modern cinemas with total capacity of 748 seats, supporting significant patron volumes and programming scale.
8. Main auditorium configured for live theatre with stage, retractable orchestra pit, lighting bridge, and dressing rooms, allowing flexibility between film and live performance markets.
9. Comprehensive supporting infrastructure including spacious foyer, candy bar, offices, storage, loading facilities, and fully integrated digital projection with Dolby surround sound, minimising immediate capital expenditure needs.
10. Situated on two Commercial 1 zoned titles totalling approximately 2,239 sqm with shared access to a large adjoining Council-owned car park, offering strong location accessibility in central Echuca and appeal to regional tourism markets.