Australiaโ€™s Most Iconic Nightclub Could Be Yours
โ€” 13 October 2025

Australiaโ€™s Most Iconic Nightclub Could Be Yours

โ€” 13 October 2025
Nick Kenyon
WORDS BY
Nick Kenyon
  • The building that houses Melbourneโ€™s legendary Revolver Upstairs is heading to auction.
  • Revolver Upstairs is one of the few venues in Australia with a 24-hour liquor licence and has hosted performances from Snoop Dogg, Fatboy Slim, Fred Again, and many others.
  • Located at 229-231 Chapel Street and 24 Macquarie Street, Prahran, the sale is scheduled to take place Friday, November 14th.

Everyone knows Revs, even if youโ€™ve never been.

As one of Australiaโ€™s most famed nightclubs, itโ€™s been a destination for late-night shenanigans, and now, the building that houses Revolver Upstairs is up for sale โ€“ heading to auction with an expected price of around $15 million.

The hedonistic heartbeat spans 1,287 square metres of land across both 229โ€“231 Chapel Street and 24 Macquarie Street in Prahran. Within the heritage-listed complex, prospective owners can expect to find 2,686 square metres of fully-leased space across more than 30 commercial tenancies, including creative studios, offices, retail, co-working, meeting rooms, as well as a coffee bar.

About a quarter of all this belongs to Revs and its cult Thai canteen, Colonel Tanโ€™s. Operating since 1997 with a rare 24-hour liquor licence and a roll call of alumni that includes Snoop Dogg, Fatboy Slim, Fred Again, Bicep, The Avalanches, The Presets, and plenty more between the infamous cage and bandroom.

The forthcoming sale includes a vast loft above the club with nine-metre ceilings and views over Chapel Street, the longtime home/studio of founder and Thai pop star Tan Punturaumporn (who originally founded Revolver with Camillo Ippoliti).

Originally built in 1914 as part of the Colosseum Building, the property is a remarkably intact slab of pre-WWI boom architecture with a striking Ionic facade; and over the decades, itโ€™s served as the site of a department store, college, along with a parachute factory (just to name a few).

The auction of 229-231 Chapel Street and 24 Macquarie Street, Prahran, takes place at 4:30 PM on Friday, November 14th. Lease details are available to qualified parties via the agents at Christieโ€™s International Real Estate.

Nick Kenyon
WORDS by
Nick Kenyon is the Editor of Boss Hunting, joining the team after working as the Deputy Editor of luxury watch magazine Time+Tide. He has a passion for watches, with other interests across style, sports and more. Get in touch at nick (at) luxity.com.au

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