Circa 1925 cinema of 586-seats of 1,250 square metres (approx) currently operated by the Wallis Group. Total combined site area of 2,425 square metres (approx). Chelsea Cinema site area of 1,810 square metres (approx), and 39 May Terrace, Kensington Park site area of 725 square metres (approx). Subject to Land Management Agreement. To be offered as follows: 1. For purchase of the Chelsea Cinema and 39 May Terrace, Kensington Park; purchase of the Chelsea Cinema only, or the lease of the Chelsea Cinema only. An exciting opportunity to acquire a landmark building in the heart of the eastern suburbs. TENDERS/EXPRESSIONS OF INTEREST CLOSE FRIDAY 26 FEBRUARY AT 4.00PM AT THE OFFICES OF NORMAN WATERHOUSE, LEVEL 15, 45 PIRIE STREET, ADELAIDE.