Iconic Cooma Landmark with Endless Commercial Potential

Whether retained as an entertainment venue, transformed into a major retail or hospitality destination, utilised for warehousing, commercial operations, accommodation or reinvented for an entirely new purpose, the opportunities here are virtually endless. With such a substantial footprint and flexible layout, this remarkable space has the potential to become almost anything. There is also scope to explore additional levels or a multi-storey redevelopment, (STCA), further enhancing the long-term potential of this already impressive property.

Opportunities like this are rarely offered. The Cooma Savoy Cinema, built in 1958, is a landmark property ideally positioned just moments from the heart of Cooma, on a substantial 1,518m² site, offering an impressive approximately 1,170m² of ground-floor space plus additional m2 upstairs.

Rich in character and packed with potential, the property combines its original cinema features with expansive commercial areas that could suit a wide range of future uses.

The building currently incorporates two cinema auditoriums, with Cinema 1 seating approximately 200 people and Cinema 2, located downstairs, seating 58. A dedicated ticket booth adds to the charm and history of the property, while practical features include a staff kitchen and extensive amenities. The ladies’ bathroom includes four toilets, four basins and a parents’ room, while the men’s facilities provide two toilets, a urinal and two basins.

At the rear of the property is a standout large factory/workshop space with soaring high ceilings, offering excellent flexibility for storage, production, warehousing, creative industries or further redevelopment. This area can be conveniently accessed along the left-hand side of the building.

Adding even more versatility, the internal walls surrounding the South East Printing area can be removed, allowing a large section of the property to be opened up and reconfigured to suit a new owner’s vision.

With its substantial footprint, high-clearance rear workspace, flexible layout and iconic local presence, the former Savoy Cinema represents an exciting opportunity for investors, developers and owner-occupiers alike.

Do not miss an opportunity to repurpose this extraordinary building.

Disclaimer: While we have made every effort to ensure the information in this document is accurate and up to date, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own investigations to verify the information provided.