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This former theatre could be yours, just prepare to pay $3.8m to do it up
Details released for the sale of a former theatre in Dunedin, which requires an estimated $3.8m renovation to fix up.
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Dunedin's historic former Fortune Theatre is for sale by the Dunedin City Council. The Category 1 Historic Place building requires an estimated $3.8 million in renovations to become tenantable, including extensive roof and flooring work.
The council is seeking proposals from buyers who will respect and preserve the building's heritage through active re-use. This sale aims to end the $122k annual maintenance cost for ratepayers. Interested parties must submit their proposals by August 17.
The Fortune Theatre moved into Dunedin's Trinity Methodist Church in 1978. Photo: Hamish McNeilly
The former Fortune Theatre, on the corner of Stuart St and Moray Pl, Dunedin. Photo: Hamish McNeilly
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