Victor Harbor

Under Offer

Under Offer

Iconic Art Deco Twin Cinema

- Victa Cinema -

Established in 1924 – old world charm with modern comforts

Two cinemas, both cinemas have been upgraded in recent years with comfy seats & 2k digital projection

3D equipment was installed in Cinema 2, proving very popular with patrons

Business showing consistent sales over many years

Most profitable business showing an impressive 46% return on owner’s investment

The freehold consists of a beautiful art deco building of some 658sqm

Vendors purchased the business in 2005 and have improved the business and property during that time, they are now looking to retire

Tony Iasiello 0412 217 608

RLA 283100

TenantedNo
Property Info:
  • Property ID: L454054
  • Property Type: Services
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R&H Suburb Profile: Victor Harbor

R&H Suburb Summary Houses
Number of sales 101
Average Price $362,786
Median Price $343,500
Median Rental Price $320 p.w.
Change in Rental Rate (5yr) 8 %
R&H Suburb Summary Units
Number of sales 24
Average Price $299,833
Median Price $250,000
Median Rental Price $265 p.w.
Change in Rental Rate (5yr) 8 %
Victor Harbor, SA - Median Trend