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Kyogle Cinemas, Kyogle, NSW 2474

  • 1 Bed
  • 3 Bath

For Sale

POA

PRIME COMMERCIAL & BUSINESS OPPORTUNITY

Located within a stones throw of the bustling Kyogle CBD is Kyogle Cinema, a well-established business and a purpose-built building comprising of 3 airconditioned cinemas with a total seating capacity of 311. The business has a large, growing client basis and is the only cinema in the area (the next closest being 75kms away). People come from all over the region to watch movies and relax here, the renewed deep comfy chairs provide an ideal spot for watching movies and relaxing with a big bucket of popcorn. The Property/Business Features:
• Purpose built building with 3 cinemas, candy bar/ticket bar, kitchen, toilet facilities and storage area
• Well established business with 100% market share, in growing regional area
• Airconditioning
• All new and fully automated, digital projectors, new and upgraded surround sound systems
• Near new chairs throughout the 3 cinemas
• Large solar system
• 853 sqm block
• B4 Mixed use zoning This is a genuine opportunity to secure a well-established business and prime real estate in the growing Kyogle region of Northern NSW. Future potential includes the ability to redevelop the property to include up to 8 units while still retaining cinemas 1 & 2. This would include the redevelopment of the front half of the property, into multi story units and an expansion of the current candy bar/ticket bar and foyer areas. Full financial are available, contact Aiden Chalker on 0429 141 789 for further information. RAINE & HORNE KYOGLE
- Local Knowledge & National Strength.

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avatar Aiden Chalker
Aiden Chalker
Director | Licensee

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Property Info:
  • Property ID: L21694856
  • Property Type:House
  • Building / Floor Area:730 sqm
  • Land Area:853 sqm

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R&H Suburb Profile: Kyogle
R&H Suburb SummaryHouses
Number of sales56
Average Price$486,616
Median Price$468,500
Median Rental Price$430 p.w.
Change in Rental Rate (5yr)48 %
R&H Suburb SummaryUnits
Number of sales2
Average Price$279,500
Median Price$295,000
Median Rental Price$330 p.w.
Change in Rental Rate (5yr)38 %
Median Trend - $468,500

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