Arcadia Theatre Building Complex

Always wanted to own your own theatre, well here is your chance. Built in 1929 this lovely old building is still standing solid and proud with glimpse of the grandeur of the era when picture theatres were a part of society’s mainstream. The theatre opened in October 1929 and for over 40 years played an integral part in the weekly lives of many Guyra people. Over the years it has lent itself to many different enterprises and now consists of 4 separate shopfronts to Bradley St, a three bedroom upstairs unit that also fronts Bradley St and various shedding at the rear of the building which is currently being used by the owner but could also provide further rental income. The building itself is of triple brick construction with Oregon bearers and joists. The main part of the theatre has a new iron roof over three quarters of the building with the rear portion having already been replaced in past years. The electrical wiring has been upgraded to all tenanted sections. The building is NOT heritage listed but is on council's list of buildings of heritage interest on Bradley St, along with many others.

This solid commercial building has multiple tenancies all under the one roof, making it a desirable investment. If you are looking for a great investment providing an excellent return than I recommend you come and inspect. The property is currently returning more than $44,000 per year net which is a substantial return at 10%. Contact us for further details or to arrange and inspection.