The unique three storey building was designed as function venue, and features large double volume spaces and mezzanine areas. The 880m² ground floor area consists of a reception area, small bar, restaurant section and a small stage including a large pipe organ.
The rear area comprises of staff ablutions, store rooms and a loading zone, secured with a steel shutter door, which opens onto Cardiff Street.
The elevated floor currently functions as a large event hall, and is outfitted with a state of the art sound system, a glass DJ box, and is serviced by a large fully equipped bar. A 300m² mezzanine section, offering two bars, a lounge and a private office, overlooks the ground floor area.
In addition, there is a 150m² third floor, comprising of an airport lounge style bar, unisex ablutions and an open deck dining area. A lift and two staircases provide access to the different floors.
The property currently runs as a successful nightclub and restaurant, however, it is a versatile asset that has the potential to be redeveloped into a corporate head office, with the additional floors as an approved possibility. The property will be sold offering vacant occupation.
“Although the property is currently running as a nightclub, it is an excellent opportunity to be developed into platinum-grade corporate office space or a luxury apartment block,” comments Ryan Joffe from Auction Alliance.
The auction will take place on February 16 at 12h00 at the Crystal Towers Hotel and Spa.