Description

Under instruction from MCH Agency Services Pty Ltd as mortgagee in possession, JLL as exclusive selling agent is pleased to offer 33-41 Old Barrenjoey Road, Avalon Beach For Sale by way of Expressions of Interest closing 4pm (AEDT), Thursday 3rd of December 2026 (unless sold prior).

Occupying land with frontage to Old Barrenjoey Road and Wickham Lane, Avalon Cinema is set within the Avalon village centre on a site of approximately 1,789 sqm, zoned E1 – Local Centre. Opened in 1955 and retaining its Moderne façade, the complex combines two cinemas with a ground floor retail arcade and adjoining retail shops, a 250m walk from Avalon Beach.

The property offers the flexibility to refurbish, re-lease or occupy the existing complex, or to explore redevelopment, including shop-top housing and seniors housing (STCA).

...

Attributes

Land area gross

1,789 m²

Tenure

Freehold

Zoning

E1 - Local Centre

Media

Investment Highlights

• Flexible E1 Local Centre zoning allowing for alternative uses (STCA)

Set on a 1,789 sqm* site area, the E1 - Local Centre zoning permits a variety of alternative uses including but not limited to: shop-top housing, entertainment facilities, medical centres, boarding houses, childcare facilities, commercial premises, function centres.

• Purpose-built complex ready to reposition

Two cinemas positioned above multiple ground floor retail tenancies. Leases have demolition clauses. Offering includes additional adjoining retail properties at 33, 35, 41 Old Barrenjoey Road, for total GLA of circa 1,850 sqm* subject to survey.

• Income generating landbank

Existing leased retail tenancies include United Cinemas Australia, F45 Gym (Limitless Vibes Pty Ltd), Leilah Homewares (Angels Dreaming Pty Ltd) and Love Food Mediterranean restaurant (Angelika Karel Mortimer), providing existing holding income for incoming purchasers to value add, reposition or redevelop over time.

• High profile Avalon Town Centre Positioning

1,789 sqm* of freehold land with 37m* frontage to Old Barrenjoey Road in the centre of Avalon's vibrant village precinct. The property benefits from rear lane access via Wickham Lane.

• Incredible Amenity, 250m* to Avalon Beach

Amenity rich location, located within Avalon's 'high street' retail precinct providing immediate access to retail shops, award winning restaurants and cafes, 250m* to Avalon Beach.

• Development Pathway

The site is not heritage listed, and the existing leases contain landlord demolition clauses.

^*Approximate

Expressions of interest closing 4pm (AEDT), Thursday 3rd of December 2026 (unless sold prior).

For further information or to arrange an inspection, please contact the exclusive selling agents below.

Mortgagee in Possession