The home of beloved Melbourne institution, Revolver Upstairs, is hitting the market. Located on Chapel Street in Melbourne, the Revolver Buildings will go under the hammer in November, with an expectation of selling for over $15 million. Revolver Buildings take over 229-231 Chapel Street and 24 Macquarie Street in Prahran. Just five minutes from the Melbourne CBD and having strong public transport links, it’s a popular place to visit. Comprising 1,287 square metres, Revolver Upstairs—affectionately known as Revs—and Colonel Tan’s Thai restaurant take up approximately a quarter of the building and have continuously operated since 1997, with a 24-hour liquor license making it a cultural hotspot. Artists such as Snoop Dogg, Fatboy Slim, Fred again.., The Avalanches, The Presets and many others have graced the stage at Revs. Embedded Content Revolver Buildings will be offered for sale via public auction on Friday, 14 November, at 4:30 pm. You can find out more about Revolver Buildings here. In a statement, longtime building manager Kurt Falkenstein revealed that the venue’s vendors are seeking a new custodian who understands Revs’ cultural values, with the hope that the new custodian will nurture the creativity and connection of the space. “The Revolver brand carries its own unmistakable cache, and preserving its cultural and community value is central to this sales process,” Falkenstein said. “The vendors are looking for a new custodian who understands this cultural value and have chosen to auction the property to highlight its energy and status as a functional work of art.” Falkenstein added, “Revolver Upstairs has become deeply woven into the cultural fabric of Melbourne. It stands as one of the city’s most enduring and recognisable night spots. Whether you are a local or visiting from overseas, Revs is one of those places that connects with everyone that passes through it. “It has been incredible watching the Revolver ecosystem reach its full potential over the years. It is now a thriving nexus for music, arts, hospitality and business. And we hope it continues to foster creativity, connection and enterprise into the future.” Selling agents for Revolver Buildings are Christie’s International Real Estate Victoria agency Principal, Sean Cussell, and JLL’s Josh Rutman, Jesse Radisich and Will Connolly. Cussell commented, “The Revolver Buildings have been a cultural touchstone for Melbourne’s nightlife and creative community for decades. Opportunities to acquire a trophy property of this stature, with both strong income and extraordinary legacy, are exceptionally rare.” “This is a highly flexible property that combines character, heritage and commercial performance. Thanks to its prime Chapel Street location and Activity Centre zoning, we expect strong interest from a broad range of local and international investors and institutions.”