This is an extremely rare opportunity to secure a quality cinema investment in the Gympie CBD, offered for sale for the first time since its development nearly 30 years ago.
The 608sq m (approx) space, positioned within a quality strata titled office / medical building is currently operating as the Gympie Cinemas, the only cinema complex in this growing town.
Located in the Gympie town centre, it is in a completely flood free location.
The investment opportunity benefits from a strong, brand new five year lease with options, and a quality, experienced operator.
+ New five year lease, expiring 2023, with another five year option at a rental of $86,568pa plus outgoings plus GST
+ Highly experienced tenant - the owner being one of the original developers of the cinema
+ Located within a quality professional / medical development
+ Neighbouring tenants include doctors, skin clinic and solicitors - majority owner occupiers
+ First time on the market in 28 years
+ Only cinema complex in Gympie with no plans for new competitors currently underway
+ Zoned District Centre
Call or email Louisa Blennerhassett or Matt Marenko to inspect the property.
Our team is strategically located in two offices across the Sunshine Coast region and is ready to handle your commercial, industrial and retail property needs today so call or email now.