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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 former Fortune Theatre, a Category 1 Historic Place, is for sale by the Dunedin City Council. The building has been vacant since 2018, costing ratepayers significantly in maintenance.
A report by Flanders Marlow Limited estimates $3.8 million in renovations are required to make the property tenantable, including extensive roof and flooring work.
The council seeks proposals from buyers who will preserve the building's historic character through active re-use. Proposals are due 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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