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 offered, buyers can acquire the Freehold and Business, the Business only, or the Freehold as a passive investment.
2. Proven income generating asset, operating continuously since 2001 with established operational history.
3. Developed in partnership with Campaspe Shire Council, signalling strong municipal support and community integration.
4. Key regional cultural and entertainment hub, combining cinema screenings, live performances, functions, and food and beverage revenue streams.
5. Purpose built two level concrete and steel complex, indicating durable, low maintenance construction.
6. Four modern cinemas with total seating for 748 patrons, providing scalable capacity for varied programming.
7. Main auditorium configured for live theatre, with stage, retractable orchestra pit, lighting bridge, and dressing rooms, offering flexibility beyond film use.
8. Supporting infrastructure includes spacious foyer, candy bar, offices, storage, and loading facilities, enabling efficient operations and event logistics.
9. Fully integrated digital projection system with Dolby surround sound, meeting contemporary technical standards for screenings and performances.
10. Property sits on two Commercial 1 zoned titles totalling approximately 2,239 sqm, offering clear commercial land use and potential asset stability.
11. Shared access to a large adjoining Council owned car park, enhancing patron accessibility for regular screenings and major events.
12. Located in one of regional Victoria's most popular tourism destinations, presenting both immediate income potential and long term strategic upside.
