This Freehold property, tenanted by Cathay Cinemas and CC’s Café Cinema, is a true investment blockbuster. This iconic landmark property has been operating as a cinema since 1935. The building was sympathetically renovated with two new screens added using tilt slab concrete construction. Its legacy provides immediate recognition in the Kerikeri community, carrying strong nostalgia for generations of locals who have seen their first films here. Cathay Cinemas caters to mainstream, festival and speciality screenings, and the adjoining CC’s Café Cinema makes it more than just a movie theatre, but a social destination where people meet for meals, drinks and events.
The cinema was extensively renovated as a 3-screen cinema and café in 2009, including a new roof being installed. The low-maintenance, tilt-slab concrete building has never been vacant, and benefits from a prime position providing exceptional visibility for it’s long-standing and reliable tenants. Located directly opposite the public carpark, the property greatly benefits from easy access and excellent parking for customers.
This property is more than just a movie theatre – it’s a historic, central and community-driven entertainment hub that offers both charm and convenience. It’s time to take centre stage with this show-stopping, tenanted investment opportunity and make this iconic property the next feature in your portfolio.
KEY FEATURES:
• Iconic landmark building operating as a cinema since 1935
• Excellent tenants: Cathay Cinemas and CC’s Café Cinema
• Freehold standalone property
• Commercially zoned
• Excellent profile and exposure to vehicle and pedestrian traffic
• High visibility off Hobson Avenue
• Low maintenance, tilt-slab concrete building
• Renovated as a 3-screen cinema and café in 2009, including a new roof installation
• Surrounded by prominent businesses
For Sale
$2,400,000 + GST (if any)
Enquire for lease information or to view, contact us now!
See this listing on Barfoot & Thompson
