Astor Cinema Ararat - Freehold Going Concern
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250 Barkly Street, Ararat VIC 3377

Expression of Interest

Other CommercialSize: n/a
Block size: 1534 m² approx.
Very rarely does the opportunity to purchase your very own commercial cinema arise, the purpose built facility was constructed in 1938 and showcases the charm of yesteryear with a twist of modern updates, owned and operated by the same family for the past 24 years the Astor Cinema is ready for new & enthusiastic owners!

Key Features
Cinema 1
The largest of the 3 cinemas is located downstairs, featuring wheelchair access and seating capacity for 385 patrons. the cinema is set out as 42 lounge type seating (known as the movie lounge) and 345 heritage type seating, 7.1 and 5.1 sound system, silver screen and an operating 3d system.
Cinema 2 & 3
Seating capacity for 49 patrons for each cinema, a single stair chair lift is provided for upstairs access to the conference room, cinema 2 and 3.

• Conference/function room will accommodate up to approx. 50 people
• The concession/kiosk area is very popular for the cinema patrons., an ice creamery and coffee making facilities is part of the kiosk area, a great opportunity to for new owners to trade directly on to busy Barkly Street
• 1534m2 (approx.) high exposure corner allotment which includes a 400m2 (approx.) vacant allotment prime for retail development.
• A 65Kva solar panel facility was installed in approximately 2018 which has been a great cost saving investment
• The Cinema currently holds a limited liquor license which was obtained in 2018

Contact the agent today for more detailed information.

Inspections

No open inspections scheduled.

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Contact Brad Jensen to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Other Commercial
Block Size:
1534 *

Other Details

Section:
5
Legal description:
3~5\PP5017
Nutrien Harcourts Ararat

Maps and area information

Block information
Block size: 1534 (approx)
Legal description: 3~5\PP5017
Block Map
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Property history

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Ararat suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
46 years
Population
8,500
Listing ID: 182277692. This listing has been viewed 1 time. It was first displayed on 07/02/2024 and last updated on 07/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.