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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. A report by Flanders Marlow Limited estimates the building requires $3.8 million in renovations for roofing, flooring, and heating before it can be used.
The council seeks proposals from buyers who will preserve the building's historic character through active re-use. This sale aims to end the significant annual maintenance costs currently borne by ratepayers. 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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