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. Iconic, tightly held regional entertainment asset in the heart of Echuca, offered to market for the first time since development.
2. Multiple acquisition pathways, buyers can purchase the freehold and business, the business only, or the freehold as a passive investment.
3. Proven operating history since 2001, indicating established income generation and community presence.
4. Developed in partnership with Campaspe Shire Council, reflecting strong local government support and community integration.
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 with four modern cinemas totalling 748 seats, supporting significant audience capacity.
7. Main auditorium configured for live theatre with stage, retractable orchestra pit, lighting bridge, and dressing rooms, offering flexible programming beyond film.
8. Fully integrated digital projection system with Dolby surround sound, plus foyer, candy bar, offices, storage and loading facilities, supporting professional operations and patron experience.
9. Site comprises two Commercial 1 zoned titles totalling approximately 2,239 sqm, providing clear commercial zoning and site scale.
10. Shared access to a large adjoining Council-owned car park and location in a popular regional tourism destination, enhancing patron accessibility and long-term strategic potential.
