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5 Beach Avenue

Bowen QLD 4805

3
1
2
1012 m²
House
Currently for sale - view listing

Overview

Iconic Landmark Cinema – Freehold Going Concern with Residence

An iconic Bowen landmark offering business, property and lifestyle in one unique coastal holding. The Summergarden Twin Cinema is offered for sale as a freehold going concern, including the cinema business, the building, and the residential apartment above, positioned on a 1,012m² landholding just one street back from the iconic Queens Beach. Originally constructed in 1948 as the Summergarden Theatre, the venue began life as an open-air cinema before evolving into the twin-screen complex operating today. More than 75 years later it remains a rare surviving example of a purpose-built regional theatre still operating as a cinema. Over generations the cinema has been at the centre of community life across Bowen and the greater Whitsunday region, welcoming audiences not only for films but also live performances, events and community gatherings. The property also holds a connection to Australian film history. The cinema was featured in the Slim Dusty movie, while Bowen itself was used as a filming location for Baz Luhrmann's epic film "Australia," starring Hugh Jackman and Nicole Kidman. Today the property presents a unique mixed-use opportunity combining an established entertainment venue with residential accommodation above. The cinema operates as a twin-screen theatre with an established local audience, while the upper-level apartment is currently owner occupied and provides flexibility for onsite living, management accommodation or potential rental income. Opportunities combining an operating business, commercial freehold and residential living within a coastal property are rarely available. Key features include: • Freehold cinema property on 1,012m² landholding • Established twin-screen cinema business included in the sale • Offered as a going concern, including business and plant & equipment • Located one street back from Queens Beach • Self-contained residential apartment above the cinema • Apartment is currently owner-occupied • Landmark building with more than 75 years of operating history • Strong community identity across Bowen and the Whitsundays Detailed information is available on request. Inspections are strictly by appointment.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
1012 m² lot size
House

Happy sellers in Bowen

92%
92% of sellers in Bowen reported that their sale price either exceeded or met their price expectations.

Bowen stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 82 reviews in Bowen over the last 12 months.

Local market activity for 3 bedroom houses in Bowen

In the last 12 months, 94 three-bedroom houses similar to 5 Beach Avenue, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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