HOYTS Warwick, Shop 22 639 Beach Rd, Warwick, WA 6024

Savills Australia & New Zealand, as exclusive selling agent, is pleased to present HOYTS Cinemas Warwick, Unit 22, 639 Beach Road, Warwick – a substantial metropolitan entertainment investment securely leased to one of Australia’s leading cinema operators.

The 3,735sqm strata-titled cinema complex* comprises 9 cinema screens accommodating approximately 2,100 seats and has undergone an extensive refurbishment by HOYTS, incorporating upgraded auditoriums, recliner seating and premium cinema formats.

The property generates net income of approximately $692,589 p.a.*, representing an attractive 10.6% net yield at the $6.5 million price guide. The lease extends to March 2032 with a further 7-year option.

Prominently positioned within the established Warwick Entertainment Precinct and immediately adjoining Warwick Grove Shopping Centre, the property benefits from a strong northern suburbs catchment, prominent exposure to Beach Road and Dorchester Avenue, and extensive surrounding parking.

For Sale by Private Treaty – Price Guide $6,500,000.

For a copy of the Information Memorandum or further information, please contact the exclusive selling agents, Barney Dear or Jackson Ferri of Savills Australia & New Zealand.

*Approx.