Internal Ref: 1P6521
Summary
You'll find the former Butterfly Club tucked away at the end of the laneway on Carson Place in the CBD. After twelve years, the venue closed its doors in July - and since then, it has remained virt...
Location Details
Collins Street
About the Business
You'll find the former Butterfly Club tucked away at the end of the laneway on Carson Place in the CBD. After twelve years, the venue closed its doors in July - and since then, it has remained virtually untouched. Like a modern-day Marie Celeste, everything has been left exactly as it was: sound and lighting systems, furnishings, unique décor, back-office equipment, and all the infrastructure needed to run a wide range of performances. All of this will be handed over to the new tenant.
The vision is to completely rejuvenate the building and relaunch it as a vibrant new entertainment destination. Current plans include retaining the box office on the second floor, creating a bar, storage, offices, and backstage areas on the third floor, and establishing two purpose-built theatres on the top floor. That said, the space does not need to become "Butterfly Club 2.0." With its generous footprint and prime CBD location, the landlord is open to working with the incoming tenant to shape the venue into whatever best suits their concept.
The venue holds an On Premises liquor licence until 1 am and has a capacity of 322. The proposed lease is a flexible 15-year term (5+5+5) at $2,115 per week including GST. The landlord will provide a rent-free period during the rebuild, plus an additional three months rent-free once construction is complete. With significant investment planned for the renovation, this represents a rare opportunity to develop a standout entertainment space in the heart of the city.
All building permits and plans are already in place - what's needed now is a passionate, creative team to help bring the project to life. The venue is ideal for operators looking to expand their entertainment portfolio, but the landlord is open to a wide range of ideas for the space. An information pack is available, but a walkthrough of the venue will answer most questions and highlight the incredible potential on offer.
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