The Windsor Cinema complex has hit the market, with agents anticipating strong interest from buyers,

Located at 98-100 Stirling Highway, Nedlands, the iconic cinema is being marketed by RWC WA agents Michael Milne and Stephen Harrison via an expressions of interest campaign.

The 2,532sqm site has frontage to the Stirling Highway and comprises a 1,479sqm building, which includes two larger theatres and a mini theatre, and is surrounded by car parking.

Situated in the heart of Nedlands, the property is surrounded by several major developments including the 'Chellingworth Towers' proposed development directly opposite which has received approval for three mixed-use residential towers.

Other notable neighbouring mixed-use projects recently approved include the Woolworths 'Nedlands Square' redevelopment of the iconic Captain Stirling hotel site, and ALDI's redevelopment of the adjoining Captain Stirling Shopping Centre site 

The property is currently leased to Luna Palace Cinemas who also hold other well known positions in Perth including Luna Leederville and Luna on SX in Fremantle.

Mr Harrison said RWC was anticipating a depth of buyer interest in this prized asset

“The Windsor Cinema is leased to renowned local operators Luna Palace Cinemas who have refurbished the property including new seating,” he said.

"The Nedlands location and demographic is ideal for a boutique Arthouse cinema operation.”

Mr Milne expects interest from a wide range of buyer groups.

“The undeniable position, land content, large span buildings and income stream will be of broad appeal to investors and developers alike,” he said.

“The buildings are not heritage listed although attractive elements are certainly worth retaining as part of any future redevelopment.”